When a loved one passes away, they usually leave behind an estate that consists of their assets, debts and obligations. If someone names you as the executor in their will, you will carry the responsibility of managing and distributing the estate according to the...
Month: June 2022
What happens when probate begins?
When someone dies, his or her family or attorney must file the will with the Register of Wills. It is important to file in the correct county. Once filed, the probate process will begin. The goal is to finalize the person's estate by wrapping up all financial details....
Consequences of delays in an executor of estate’s duties
Settling an estate can be a complex task. In Pennsylvania, the executor of an estate has numerous duties to perform, from filing the will with the probate court to distributing assets to beneficiaries. It is essential for an executor to complete these tasks in a...
Is the executor of your loved one’s PA estate being unfair?
Losing a loved one is a challenging and emotional experience, and issues related to their estate can add further stress during this difficult time. If you suspect that the executor of your loved one's Pennsylvania estate is being unfair or not fulfilling their duties...
When might you consider challenging a will?
Drafting a will is an essential element of managing an individual's estate. The document guides the distribution of property after a person's death and can even do so in a way that minimizes Pennsylvania's inheritance tax. However, situations can occur where a will's...
What are some common myths about probate?
After one of your family members dies, his or her will and estate will likely go through the probate process. Probate is a formal legal process that involves recognizing the will and appointing the executor of the estate. According to the American Bar Association, the...
3 things you should know when serving as someone’s executor
Serving as someone’s Pennsylvania executor requires a high degree of responsibility. You have an obligation to take care of certain matters within a particular timeframe, and you may also have to notify particular parties while you work to settle the decedent’s...
When can you remove an estate executor?
The executor of an estate holds a great deal of both responsibility and power. In most cases, they run the estate well and do what they can to honor the deceased. But in some cases, an executor may need removal from the estate plan. What are the main grounds for...
How long does probate last?
You might think that after you die, someone reads your will and your executor divides your assets in a short period of time. However, this is not typically the case for most estates, and many undergo the formal probate process. According to the American Bar...
Traits to consider when choosing the executor of your will
In addition to creating a solid estate plan, you must also select an executor to oversee processes related to your will. A will's executor has numerous responsibilities, such as dealing with probate matters, settling debts, and providing assets to heirs according to...