What is an executor? When you create your Will, you will need to choose at least one executor. Your executor is the person who probates your Will, gathers your assets, and distributes them in accordance with your wishes. [Sidebar: Probate means to submit your Will to the court so it can be legally declared valid. […]
Your parent’s remarriage will impact your inheritance. While talking about who will inherit your parents’ assets is a difficult topic, you may wish to discuss your parents’ plan with them, and urge them to make a Will, to avoid potential fights and hurt feelings around their assets after they pass. Disputes between children and their […]
A parent passing away is always difficult. Having to gather and administer his/her assets can be an added burden during this tough time.
Why millennials need an estate plan Young people often have a false sense of security that they do not need a will. Due to this, an estimated 78% of millennials do not have wills, which isn’t surprising when about 60% of all Americans do not have an end-of-life plan. It is crucial to have an […]