An executor is the person responsible for managing the administration of a deceased person’s estate. The executor (also called a personal representative) is either named in a will or appointed by the court, if there is no will. Executors are responsible for making sure the deceased person’s wishes are carried out and that the estate […]
Nowadays, we are all inundated with technology. It can certainly be confusing keeping track of all the passwords and PIN numbers we need in order to read our emails, access financial information, or even to simply take out cash from an ATM machine. That confusion is made worse when security concerns mandate that passwords are […]
When people think about estate planning, and specifically about who they would like to receive their assets when they are gone, they tend to concentrate on the things that have a high monetary value, like bank accounts, investments, or real estate. But dividing up cash or other liquid assets is the easy part. What is […]
Sometimes people consider estate planning to be a fairly simple thing to do themselves without the need to consult an attorney. After all, estate planning documents are merely paper, right? Well, although estate planning documents are indeed merely paper with printed words, there is an important thought process behind what should or should not be […]
This week we will look at an example of a celebrity who appears to have made a number of wise decisions in her lifetime estate planning. In contrast to the complicated, acrimonious and all too publicly scrutinized process of settling the Estate of James Brown that we looked at last week, the estate planning of […]
As a two part series, we will look at how the estate settlement process for two different celebrities can illustrate starkly contrasting results achieved from their respective estate plans. First we will look at the settlement of the Estate of James Brown, the late entertainer whose post-mortem family affairs have proven to be just as […]