What to Do if a Friend Asks You to Be the Executor of a Will
When you write a will, you typically name an executor of the estate who will be in charge of distributing the estate’s assets. This job often goes to a family member, such as a spouse or adult child, but in some cases, it may go to a friend. If a friend asks you to be...
How to Set Your Estate Planning Priorities
What do you want out of an estate plan? An estate planning attorney can guide you through the estate planning process and make sure you’re not forgetting anything, but it still pays to be prepared. To help things go smoothly, you can identify your estate planning...
Later-in-Life Marriages Are on the Rise: What It Means for Estate Planning
You’re never too old to find love. While many people are rejecting marriage entirely, others are choosing to get married later in life. Later-in-life marriages can offer many benefits, but there are also serious estate planning consequences to consider. If you’re...
What If Your Loved Ones Die in Debt? Understand What Can and Cannot Be Collected
Many Americans owe money, and some of them die in debt. When a person dies in debt, the creditor may be able to recoup it from the estate. However, survivors are not necessarily responsible for a deceased loved one’s debt. If one of your loved ones has died in debt,...