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Estate Administration Archives

Getting a judge to appoint a new executor requires convincing

One of the key responsibilities of the person drafting a will, or testator, is to select the executor of their estate. The individual appointed to this role is responsible for preserving the value of its assets, filing its final tax return, paying creditors and distributing what's left in the estate to any heirs. It's a sign of trusts for a testator to appoint you to this role. Being given it doesn't mean that the heirs will agree that you're worthy of it, though.

Are you responsible for a deceased loved one's debts?

People who pass away have often battled a long illness like cancer. Many have simply had years of poor health. Sometimes they die after a serious accident. In all of these cases, they may leave many thousands of dollars in medical bills. What happens to all of those unpaid bills?

Executors: An honorable, but difficult, job

One of the reasons that estate administration is so difficult for people is because it is not very common and requires planning years in advance. That planning may or may not involve the person who will eventually take over the estate. No one likes to bring up death, but not doing so actually makes an executor's job harder.

Does the family gather to hear the reading of the will?

If you watched a movie where a character passed away, you may have then watched a scene where all of the friends and relatives sat in a room while a lawyer read them that person's will. Does this really happen? Is that how you find out what was left to you?

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