estate administration

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...

Of all the potential problems that may have kept you up at night during the early days of administering someone’s estate, not being able to locate a beneficiary probably wasn’t one of them. But here you are. These days, it seems like you can locate anyone via social...

Making decisions about your estate before you pass away, or how to settle it when someone does, can be a complex process. You may often hear the terms executor or estate administrator.  It seems like they could be interchangeable, but there are some differences...

If you’re the executor of a relative’s or friend’s estate, one of their largest assets (in size and value) may be their home. Whether it’s a small condo or a sprawling house, if it will be empty, you need to take immediate steps to secure it.  That may mean changing...

It’s hard for most people to fathom, but some people think nothing of profiting off someone’s death by stealing their identity. In fact, some 2.5 million people who die in the U.S. become identity theft victims annually.  The problem is so widespread that there’s even...

Agreeing to serve as the executor of someone's estate comes with a lot of responsibility. You will have to manage everything from securing the property to hearings in probate court. Not only do you have to settle the decedent's accounts, but you also have to hand out...

A good friend asked you to be the executor of their estate. Or perhaps  was your parents or a sibling. You feel honored that they trust you with such a big responsibility. But you’re not exactly sure you’re the right person for the job. Should you agree to handle...

Estate administration involves settling someone's accounts and fulfilling their final wishes as laid out in their will. An executor takes on some risk by managing the finances of the deceased individual. Perhaps one of the most nerve-wracking concerns is the potential...