At the time, the attorney said all beneficiaries needed to wait eight months before the proceeds of the sale would be ...

Q. If someone passes away, is the executor of the will responsible for paying off the credit card debt? What if they decide not to pay it off? - Executor, maybe A. Paying off debt is one of the most ...

Q. Our mom passed away, leaving her house to A. She left all her other assets to B, C and D. The house is appraised at $400,000. The total value of the other assets is also $400,000. All the ...

A letter of testamentary gives the executor of the deceased's estate the authority to handle their financial affairs. Many, or all, of the products featured on this page are from our advertising ...

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 ...

'There's no trust in place, but there is a will' "How long does it take for an executor to be able to access the account and pay the debts of the deceased?" (Photo subject is a model.) Dear Quentin, ...

In In re Mittelsted, a trial court held a former executor in contempt for over twenty acts of commingling personal property with estate property and ordered that the executor pay over $200,000 to ...

Aaron Broverman is the Managing Editor of Forbes Advisor Canada. He has almost 20 years of experience writing in the personal finance space for outlets such as Bankrate, Bankrate Canada, ...

Q: My will reads: “I hereby direct that all my debts, including the expenses of my last illness and funeral expenses and administration of my estate be paid by my Executor as soon as possible after my ...