Executors and administrators of wills share one thing; they are both the positions of the person responsible for the dispersal of the deceased assets and worldly possessions. The main difference, however, is that an executor is named in a will, whereas an administrator "inherits" the position because the deceased had no will and the administrator is just the next of k
Everyone loves inheriting money and assets from friends and family members who pass away, right? Not necessarily. From the desire to avoid debt to interfamilial disputes, there are many reasons why heirs would refuse to accept their inheritances. If you're determined to ensure a beneficiary receives the cash or property you want to leave them when you die, here are tw
If you have decided that you want to pre-plan your funeral, then you could be wondering how you can go about doing so. Fortunately, there are a few people who can help you along the way. These are three people who you will probably want to talk to when you are in the midst of pre-planning your funeral. 1. Funeral Home Director First of all, you will want to talk to a
Whether you need a will to distribute your assets after your untimely demise, or a way to manage your finances with the help of a trusted assistant if you're out of the country or incapacitated, a trusts lawyer can help you arrange a set of decisions that can change as needed. Here are a few will and trust concepts to help you think about what you may need to cover wh
When you put in an offer on a home, your real estate agent will check the comps and the area to determine what the estimated value of a home is worth. However, if a home is unique or has had a lot of work done to it, there may not be comps in the area to compare it with. This can make it hard to determine the value of the property.