Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.

Learn how probate validates a will, pays debts, and distributes assets to heirs. State intestacy laws apply when there is no ...

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 ...

Following the death of a loved one, there may be fear and uncertainty about what to expect. However, needs must be attended to on behalf of the deceased. Specifically, an estate executor must be ...

Most people are completely unaware of the heavy personal legal and financial responsibility they accept when they agree to ...

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 ...

Just because someone is trustworthy doesn't mean they're the right choice. Consider whether your intended executor or trustee ...

Whether it’s totting up tax bills or dealing with disputes over a will, being the executor of someone’s estate can be a ...