Anyone who is interested in making preparations for the future should understand some basic facts about probate. In Davenport Iowa, most people use a will to state their final wishes. When you use a will, you should include the selection of an executor. This is the person who will be in charge of administering the […]
Estate Administration
What Is an Executor?
Arranging for the distribution of your financial assets after you die will include the execution of legally binding documents. However, everything is not accomplished on paper alone. Estate administration is a factor as well. Certain tasks must be accomplished after you die to bring your wishes to fruition. Someone must handle these estate administration tasks. […]
Think Ahead When Planning Estate
Most Americans have not taken the time to put the necessary estate planning documents in place. This is a statistic that must change, because a lot of families pay a hefty price when their loved ones were remiss about making preparations for the inevitable. This initial estate plan will include a vehicle of asset transfer, […]
Remember Online Accounts When Planning Estate
Estate planning obviously includes the execution of legally binding documents. However, these documents are not going to accomplish much without having human beings in place to actually make your wishes a reality in the real world. When you use a last will to express your final wishes the estate is administered by the executor under […]
Choosing Appropriate Administrators
One of the biggest mistakes that you can make with your estate plan is to choose the wrong people to appoint to various administrative roles. If you choose the wrong Trustee, for example, your Trust assets might be lost in bad investments. Unfortunately, many people do not think through who to appoint to various roles. […]