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Executors -- Settling the Assets

As executor, your first step in settling the decedent's estate is to find all of the decedent's assets. You must then figure out which assets belonged solely to the decedent so that you can protect them until they can be distributed either...

Trusts, Public and Private - III

Trusts, Public and Private - III

An express trust is either public or private. A public trust, also known as a charitable trust, is an express trust created for a charitable purpose. If an...

Bank Account Co-Ownership Myths

Bank Account Co-Ownership Myths

One confusing aspect of estate planning is the numerous myths about the co-ownership of bank accounts. The different types of bank accounts are often confused...

Beneficiaries -- Issues in Choosing Professional Advisers

A beneficiary should ask himself whether he wants to (or can) tend to the estate himself or whether he would rather delegate the responsibility to someone else. The larger the inheritance, the more likely a beneficiary will need professional...

Protection of the Immediate Family

Protection of the Immediate Family

One of the main purposes for making and leaving a will is to guide the administration of the estate of the testator--the person who made the will. A will...