Estate Planning

What do executors do?

Executors hold an important role in a person's estate plan. Many responsibilities fall on their shoulders. But exactly what are those responsibilities? What parts of an estate does an executor actually oversee? Managing finances Forbes talks about the responsibilities...

Why do siblings fight over wills?

Most people know the stereotype of in-fighting in families due to a person's will or estate plan. Though it seems comical in movies, it is devastating in real life and can tear families apart. In particular, siblings have a bad reputation regarding squabbles because...

Who serves as a good executor?

Dealing with estate planning is not easy for anyone, least of all the executor. They act as a manager of sorts and have the kind of responsibilities that someone could expect of a managerial position. So who is up to the task of handling this sort of responsibility?...

Who should receive a copy of your will?

If you have written a will, you are likely doing considerably better than most of your neighbors. In fact, according to reporting from CNBC, nearly 70% of Americans lack an estate plan. Now that you have finalized your will, you may wonder who should get a copy of it....

When to review an advance directive

An advance directive is a document you create to give instructions about the treatment you want to receive in the event that you become incapacitated and are no longer able to make your own medical decisions. It can also name a health care representative to make...

Who should be your special needs trustee?

If one of your relatives has a disability or other special needs that make it difficult to work, he or she may have a hard time existing as an adult. Fortunately, government programs often provide meaningful benefits to those who cannot support themselves financially....