Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.
Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...
Following the death of a loved one, there may be fear and uncertainty about what to expect. However, needs must be attended to on behalf of the deceased. Specifically, an estate executor must be ...
Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
Benjamin Franklin once said that nothing is certain except for death and taxes. For many people, the awareness of the first certainty spurs them to make an estate plan, which necessitates several ...
At some point, your clients may ask for guidance on selecting an appropriate executor for their estate. Or you may be confronted by an executor overwhelmed by the responsibility handed to him or her.
Whether it’s totting up tax bills or dealing with disputes over a will, being the executor of someone’s estate can be a ...
In Suday v. Suday, the executor was also the sole beneficiary of her mother’s estate. No. 24-1009, __ Tex. LEXIS __ (Tex. June 27, 2025) (per curiam). She engaged in substantial litigation seeking to ...
Even though all three of your kids will share the estate equally, naming all three as co-executors is not a great idea.
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