If you are reading this, I surmise that you’ve probably lost one of the people you love the most. There are no words at a time like this. However, I hope that along your grief journey, you will find a sense of empowerment and purpose within your role as executor; something you may not have
Sometimes you know it’s coming; you may not always be ready. Other times it comes like a bolt out of the blue—POOF! You’re an executor. Sorrow, grief, overwhelming sadness take control—the bottom drops out, but there’s work to do. We often say that everyone walks away from the gravesite with a sadness, heaviness, loss. Executors
Executor Road: Poof! You’re an Executor Read More »
Administering an estate is one of the most important and stressful responsibilities someone can take on. Nevada Counsel, LLC is urging newly appointed executors and personal representatives to learn about common probate mistakes before they lead to delays, disputes, or personal liability. “Even well-meaning executors can unintentionally make costly errors,” said Nicole Harvey, attorney and
Nevada Counsel Warns Executors: Avoid These Common Probate Mistakes… Read More »
Poof! You’re an Executor. That is to say, suddenly you’re the President and CEO of an estate. You are a fiduciary, which means you have a financial responsibility to the shareholders, excuse me – stakeholders, or rather, the heirs. A list of projects awaits your direction. You likely have subcontractors to vet and hire (Attorney,
Executor Road: Managing the Estate Like a Business Read More »
The Emergence of Estate Administration Services Estate administration and settlement consists of many tasks and responsibilities. There are many hours of work, probate, or no probate, involved in settling an estate, much of it new to an estate’s personal representative, or executor. Because so much is unfamiliar, it can be overwhelming to take on. Many
The Emergence of the Estate Administration Services Profession Read More »
When you’re an out-of-state executor—living in a different city or state than where the estate is being settled—the task can seem even more daunting. However, with planning, communication, and the use of professional resources, you can manage the process efficiently and effectively, even from a distance. While a trip or two may be a necessity,
Being an Executor from Out of State: How to Handle Ancillary Probate Read More »
It’s completely understandable when you’re struggling as an executor or personal representative. It’s a big FAT job. (Fiduciary And Time-consuming). And that’s just the tip of the iceberg. Look, it would be really easy to pontificate about how to be a great executor, how to manage all the tasks, the personalities, the sadness, the emotions,
Executor Road: When You’re Struggling as Executor Read More »
Should I Take My Executor Fee? YES* * Yes you should take your executor’s fee. You likely had to manage life, grief, and estate administration, face challenge after challenge, be a cleanout expert, organizer, diplomat, and negotiator, and wear countless hats you never saw coming. It likely took hundreds of hours. But this is
Should I Take My Executor Fee? Read More »
My grief is different. I was at the cemetery last week. It had been a while. My dad’s flag needed straightening. Mom’s grave needs some flowers, but I didn’t have any. The lichen on both stones will have to do for now. But the lichen gave me pause as it registered that the stones didn’t
Executor Road: My Grief is Different. Your Grief is Different. Read More »
Estate Property| 5-minute read Estate Vehicle | Estate Liability| Estate Insurance Can I drive the estate vehicles? Dad’s car is right outside and you’ve got the keys. This is a little different situation than in 1981 when … nevermind. Dad’s gone and you’re a responsible adult (maybe not – I don’t know) and perhaps
Can I Drive the Estate Vehicles? Read More »
Estate mediation may offer an alternative to costly litigation, decreased inheritances, and loss of relationships. With Estate ADR (Alternate Dispute Resolution) a good neutral, or mediator, will allow all parties to speak their piece. By contrast, a trip, or trips to court can be expensive and leave all parties feeling powerless to affect the outcome.
Executor Road: Alternate Dispute Resolution for Estates Read More »
Estate inheritance money can soften the blow of a loss. Undeniably it is nicer to cry in a new Lexus than in a 1986 Ford Taurus. Undoubtedly, listening to Uncle Carmine give you inheritance advice is better while on a beach somewhere. However, consider it’s 20 years later, and that trip you took, and the
Estate Inheritance? Don’t Blow it! Read More »
Executor “duty” is often a one time only experience. Every estate is different, and Executorium’s mission is to present executors and estate administrators with resources, information and routes to answers within these unchartered waters.
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