estate administration

One of the key things you need when choosing someone to be the executor of your estate is complete trust in them. There is too much at stake to select someone you do not wholly trust to act correctly and honestly. It’s no surprise, therefore, that many people turn to...

When a parent dies, you may notice an executor favoring one sibling. Executors must manage the estate fairly, but even small signs of bias can create tension. In Tennessee, knowing an executor’s duties and available legal remedies can help you navigate the situation....

When an individual has the foresight to establish an estate plan, they can choose their own beneficiaries. Unfortunately, many people die without creating thorough estate plans.  After a person dies, surviving family members and other concerned parties may look for a...

Estate disputes can happen for a variety of reasons. Maybe a very large estate is divided unequally, so beneficiaries get into disputes about how the money should be split up. Perhaps certain assets are left to people jointly, such as a family home or vacation home,...

Estate administration involves many complicated tasks. Personal representatives have to identify and preserve the estate’s resources. They must review testamentary instruments or intestate succession laws to distribute assets properly. They also need to fulfill the...

Agreeing to serve as the executor or personal representative of an estate is a major commitment. Executors and personal representatives have to locate and preserve the assets that belonged to the deceased individual. They need to find a will or other estate planning...

A will is a crucial legal document that is part of your estate plan. Your will can dictate beneficiaries that would benefit from your estate. To help ensure your assets are managed according to your last wishes, you can name an executor of the estate. An executor is a...

The probate process can be long and technical. The personal representative of a Tennessee state may have to attend court and send out legal notices to multiple parties, including creditors. There is often a lengthy wait between when someone dies and when it is...

Estate administration is an important aspect of estate planning that requires careful consideration when choosing the right person to oversee the process. As you contemplate selecting an estate administrator, remember that this individual will be entrusted with...

When someone is making an estate plan, they choose someone to be their estate administrator or estate executor. The estate plan does provide guidelines and instructions that need to be followed by family members and beneficiaries. It is the estate administrator who...