Executors hold powerful and trusted positions over the assets left to estate beneficiaries. Typically selected for their trustworthiness and financial abilities, most are honest and diligent in their estate management. Most are loyal to a Decedent’s wishes. However, some Executors engage in … [Read more...] about Examples of Executor Misconduct (And What You Can Do to Protect Your Inheritance)
Estates involve family, trust and money which is a recipe for trouble. Many times, this is the largest “check” or money that an individual may receive during their lifetime. The process demands transparency and confidence. Many times the Executor and the Estate fall short. Executors are … [Read more...] about Is an Executor Required to Communicate with Beneficiaries?
Posted By: Ken Russell | April 24th, 2017 Trusts are one of the cornerstones of Estate Planning. Trusts are a very flexible concept with multiple uses which are developed and tailored to each family and their respective needs. Here are 3 concepts that will help you to determine what kind of … [Read more...] about 3 Concepts That You Need to Know When Setting Up an Estate Plan Trust
Posted By: Ken Russell The most dangerous document an attorney can draft for a client is a Power of Attorney (POA). The POA allows another person – an “Agent” (typically a child, sibling, or trusted friend) – to perform financial transactions for another person – a “Principal.” The POA is … [Read more...] about Why a Power of Attorney is a Very Dangerous Document & What You Can Do to Protect It