If you want to give someone else the ability to make important decisions on your behalf, you may want to use a power of attorney (POA). For instance, you may be considering your future medical needs. You can use a POA and choose an agent, giving them the correct...
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4 questions to ask as an executor
If a testator (someone who drafts a will) wishes to name you as their estate's executor, you should obtain adequate information before accepting the role. It's vital to ask them questions about your expected duties and their estate. Below are four questions to ask: 1....
Should you agree to be a personal representative?
Being asked to serve as a personal representative, also commonly referred to as an executor or estate administrator, for someone’s estate is both an honor and a significant responsibility. This role involves managing and distributing the deceased person’s assets...
Common reasons for estate litigation
People make estate plans to provide their loved ones with the instructions they need to handle the creator’s affairs when they pass away. Most estate plans are executed without any issues, but there are times when estate litigation becomes necessary. There are a few...