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 ...

Executors across the United States regularly discover that managing a parent’s estate creates emotional crosscurrents that have little to do with legal paperwork. Even in families without ...

Often, being named as an executor happens while you’re still answering condolence messages and planning a funeral. Someone you loved has died, and overnight you become the person everyone expects to ...

A letter of testamentary gives the executor of the deceased's estate the authority to handle their financial affairs. Many, or all, of the products featured on this page are from our advertising ...

An executor is responsible for managing the deceased's finances, settling debts and distributing assets as outlined in the will. Tasks of an executor include notifying authorities, closing accounts ...

In United States v. Lax, No. 18-CV-4061(ILG)(PK), 2022 WL 980096 (E.D.N.Y. March 31, 2022), a New York District Court held that a signed Form 890 consenting to an estate tax assessment didn’t preclude ...

IRS Form 706 is used to report the United States' estate- and generation-skipping transfer taxes. It is filed by the executor of an estate of a deceased U.S. citizen or resident in one of two ...

Several weeks ago, we penned a column addressing some of the most frequently asked questions about estate planning. One of the questions we answered involved the traits you should look for when ...

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 ...

It’s a privilege to serve as executor of an estate. For sure, it’s no small matter to carry out someone’s final wishes. The responsibility is huge. The last thing you want is to do anything less than ...