Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.
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 ...
Add to that the distribution of assets and the stress of probate, and there’s the strong potential for conflict — especially ...
Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...
The facts of Estate Spenlinhauer v Commissioner (U.S. Tax Court, Dec. 30, 2025) read like an instruction manual on how to improperly file an estate tax return. Unsurprisingly, the U.S. Tax Court held ...
These cases clarify New York estate law: a son has standing to request an accounting from his sister acting as ...
Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to ...