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What are My Responsibilities if I’m Named an Executor?

If a loved one asks you to be the executor of their estate, think carefully before you take on this responsibility. While you have the option of declining the request, the person reaching out likely considers you to be responsible and detail oriented. An executor of an estate typically helps file paperwork, close accounts and distribute the assets of the deceased.
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Dying Parent’s Financial Affairs Can Be Challenging

Dealing with a sick family member is a challenging and emotional time.
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Revocable or an Irrevocable Trust?

There are two main kinds of trusts: revocable and irrevocable.
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Do I Need an Attorney for Probate?

A competent elder law or estate attorney can discuss and use, where appropriate, such provisions as the family exemption, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
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What If an Estate Owes Back Taxes?

My mother passed, and she was an administrator of my grandfather’s estate and the inheritances. The estate accumulated quite a bit of back taxes over the years. Will the IRS put a lien on that estate as well as hers to retrieve funds?
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Wendy Williams and Concerns for her Capacity

Wendy Williams has asked a New York court to restore her access to a bank account that was frozen amid talks about the media personality’s ongoing health issues.
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What’s the Difference between Probate Assets and Non-Probate Assets?

Non-probate assets are those assets which do not go into an estate when the owner dies.
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Can I Give My Child Access to My Bank Account? Should I?

Would your loved ones have necessary access to your bank accounts after you die to help carry out your last wishes and handle arrangements?
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Will Gift to Heir Be a Benefit or Burden?

One of the biggest conundrums of estate planning is considering how, or even if, you can give money or property to your heirs in a manner that will help them.
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Will I Live Longer, if I Babysit the Grandchildren?

Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.
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