When you create a will, you name an executor to take care of your estate after your pass. This person will be responsible for not only carrying out your wishes as you have laid them out in your will, but he or she is also responsible for settling your debts as well. The...
Common Types of Will Contests
The most basic estate planning tool is a will that establishes how an individual's property will be distributed and names beneficiaries to receive those assets. Unfortunately, there are circumstances when disputes arise among surviving family members that can lead to a will contest. This is a court proceeding in which the validity...
Understanding the Probate Process in California
The death of a loved one is always traumatic and will require a considerable amount of time to process. In the midst of your grief, you will likely also find yourself struggling to untangle the financial issues that often exist after a death. It is...
Responsibilities and Obligations of the Executor/ Administrator
When a person dies with a will in place, an executor is named as the responsible individual for winding down the decedent's affairs. In situations in which a will has not been prepared, the probate court will appoint an administrator. Whether you have been named as an executor or administrator, the role comes...