Articles from Article Alley, tagged with "executors" http://www.articlealley.com en-us editorial@articlealley.com Your Duties As A Will Executor What is an executor? The will maker can appoint one person alone or several people together to act as the executor of their estate. In broad terms the executor is responsible for carrying out the will maker's intentions as described in the will. Sometime... http://www.articlealley.com/http://kristy2.articlealley.com/your-duties-as-a-will-executor-2426011.html 14th May 2012 Writing a Will and Getting it Right IT IS IMPORTANT TO MAKE A WILL, BUT IT IS MORE IMPORTANT TO GET IT RIGHT It can be a daunting prospect thinking about what happens to your worldly goods after you’ve gone, so starting the process of writing a will is often avoided, forgotten about o... http://www.articlealley.com/http://mtasolicitors.articlealley.com/writing-a-will-and-getting-it-right-2405587.html 16th January 2012 Probate Administration Probate is the legitimate procedure of managing the estate of a dead person by determining all claims and allocating the dead person's property under a lawful will. A surrogate court resolves the legitimacy of a testator's will. A probate reads between th... http://www.articlealley.com/http://millmanlawfirm.articlealley.com/probate-administration-2387361.html 14th November 2011 What's Contentious Probate? Oftentimes, disagreements about the administration of the estate also appear a place the executors of the will. If you think that your relative's will could possibly be invalid for some explanation, or are unsatisfied with the terms of the will, you ... http://www.articlealley.com/http://cha2.articlealley.com/whats-contentious-probate-2382331.html 24th October 2011 Power of Attorney - Five Things Everyone Should Know So what precisely is power of attorney? Power of attorney is an official, legal document which states a person or persons (known as an executor or executors) that are permitted to manage the affairs of a close family member or friend should they f... http://www.articlealley.com/http://mediaprecision.articlealley.com/power-of-attorney--five-things-everyone-should-know-2369496.html 07th October 2011 The Role of Executors in Probate Law During the course of probate, when a deceased person's legal property and personal possessions are distributed to their loved ones, executors (also known as personal representatives or PRs) are named in a Will in order to ensure that all of their affairs ... http://www.articlealley.com/http://ben2.articlealley.com/the-role-of-executors-in-probate-law-2323432.html 29th July 2011 An Overview Of Making An Inheritance Claim Contesting a Will is a really difficult thing to have to do. When someone close to you has died the least thing people want to do is go through a legal process to claim from their estate. However if you truly believe that you have a case to claim against ... http://www.articlealley.com/http://timbishop.articlealley.com/an-overview-of-making-an-inheritance-claim-2273269.html 10th June 2011 The importance of making a will, and where to get advice on how to write a will Making a will is a responsible act that puts you in greater control of your estate and ensures that your money and assets will go where you wish them to after your death. If you die without making a will, your surviving family members may not automatica... http://www.articlealley.com/http://paulbuchanan.articlealley.com/the-importance-of-making-a-will-and-where-to-get-advice-on-how-to-write-a-will-2264458.html 03rd June 2011 The Role Of Executors Being named as an Executor in a Will is a large responsibility that many people need help with. If you are a nominated Executor and you feel you require some assistance in understanding the complicated probate process, there is help at hand. A solicito... http://www.articlealley.com/http://garystorer.articlealley.com/the-role-of-executors-2251058.html 26th May 2011 Your Contested Probate: What To Do If There Are Executor Disputes Frequent probate disputes arise out of the validity of a Will and whether or not the deceased has provided financially for their dependants. These are highly contentious areas and involve quite a complex area of the law. The other main area of probate dis... http://www.articlealley.com/http://timbishop.articlealley.com/your-contested-probate-what-to-do-if-there-are-executor-disputes-2246199.html 24th May 2011 Insurance for all your life needs As a UK resident, you will often find yourself in the local Post Office, especially if you send a lot of parcels and letters. The extent of your use of the Post Office may be limited to such transactions, or it may range to changing some money prior to a ... http://www.articlealley.com/http://josephjohn2.articlealley.com/insurance-for-all-your-life-needs-2239640.html 19th May 2011 Looking at the new estate tax laws In 2011, families and their financial, tax and legal consultants can at last plan estates with a degree of certainty. Thanks to the Tax Relief Act of 2010, we now have the lowest estate tax rate in 80 years, with some new rules to be aware of, and some ve... http://www.articlealley.com/http://ishangoradiya.articlealley.com/looking-at-the-new-estate-tax-laws-2229080.html 13th May 2011 UK Probate ' Do You Really Need Solicitors? The law of probate is not always straightforward and it is something that not many people know much about as it only becomes relevant when someone you know dies. Therefore before starting the probate process it is a good idea to find out some more informa... http://www.articlealley.com/http://timbishop.articlealley.com/uk-probate--do-you-really-need-solicitors-2214635.html 06th May 2011 5 Things That Can Affect Your Will If you've made a Will, you might wonder whether or not it will always be valid. On the whole, a last Will and Testament is legally binding, and the wishes set down in it must be carried out upon a person's death. However, it worth knowing that there ar... http://www.articlealley.com/http://garystorer.articlealley.com/5-things-that-can-affect-your-will-2194786.html 20th April 2011 Administration Of An Estate Probate Overview. Whether you have a will or not, when you die your estate will be subject to the laws of probate. It is a complex subject, but at its most basic ensures the debts you owe are paid, and that your assets are transferred to your benefi... http://www.articlealley.com/http://garystorer.articlealley.com/administration-of-an-estate-2185744.html 13th April 2011 10 Reasons Why You Should Create A Maryland Will A Maryland Will is one of the most important legal documents that you will ever create in your life. The importance of a Maryland Will is the fact that it is such a critical document that comes into play after you pass on. Without this your beneficiaries ... http://www.articlealley.com/http://michaeldar.articlealley.com/10-reasons-why-you-should-create-a-maryland-will-2180339.html 12th April 2011 Is Your Last Will And Testament Up-to-date? It is advisable to get out your Last Will and Testament to check it occasionally because: * An existing will may contain a legacy that has been distorted by inflation * Your circumstances may have changed since you wrote the last will - this include... http://www.articlealley.com/http://netlawman.articlealley.com/is-your-last-will-and-testament-uptodate-2133944.html 22nd March 2011 What is Contentious Probate? Contentious probate is a legal term relating to a dispute about a deceased person’s will. The dispute may relate to the will itself or to the way in which the process of dealing with the deceased person’s estate has been administered. In this artic... http://www.articlealley.com/http://gertrudemckable.articlealley.com/what-is-contentious-probate-2127404.html 18th March 2011 What to Consider When Choosing an Executor Ron Nevin, an attorney in Nashville, Tennessee, has over 35 years of experience in probate law. According to him, only two things really matter when selecting an executor. First, choose someone you trust. Next, choose someone you’re confident is capable o... http://www.articlealley.com/http://davidheitner.articlealley.com/what-to-consider-when-choosing-an-executor-2103900.html 10th March 2011 Wills - What Happens To My Business When I Die? If you own a business when you die certain things would happen to it. A business can be run in many different ways, it can be run as a private company, a partnership or by a sole proprietor. If your business is owned either as a private company, partnersh... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--what-happens-to-my-business-when-i-die-2089879.html 04th March 2011 Wills and Children There are a variety of situations in which having children will influence how your property is distributed, there are many factors to consider before you begin to draft a legally binding Will. If you live on your own and have children who are under 18 yea... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills-and-children-2078261.html 28th February 2011 Trusts and Wills Trusts can be created through a will, deed or a lifetime gift. With a lifetime gift, the terms of the trust must be set out in a trust document, this means that the trust will start on the date stated in the trust document. If the trust is created by a wi... http://www.articlealley.com/http://cgyles6819.articlealley.com/trusts-and-wills-2076166.html 28th February 2011 Wills - Trustee Powers Trustees are the people that are named and appointed either in a trust document or will to legally own and administer property for the benefit of others that are either named in the trust document or in the will as beneficiaries. Trustees are not allowed ... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--trustee-powers-2076082.html 28th February 2011 Wills - Where Should I Store My Will? It is advisable to let your executors know where they can find your Will in the event of your death so that they can carry out your last wishes. Once you have signed your Will, had it witnessed and dated, it is a valid Will and is legally binding. However... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--where-should-i-store-my-will-2075566.html 28th February 2011 LOOKING AT THE NEW ESTATE TAX LAWS In 2011, families and their financial, tax and legal consultants can at last plan estates with a degree of certainty. Thanks to the Tax Relief Act of 2010, we now have the lowest estate tax rate in 80 years, with some new rules to be aware of, and some ve... http://www.articlealley.com/http://ishangoradiya2.articlealley.com/looking-at-the-new-estate-tax-laws-2074569.html 26th February 2011 Wills - How To Structure a Will ANyone is able to draft a Will themselves, there are no formal rules to the right type of structure of a will drafted. However, there are more traditional ways of drafting a will and four definite sections that should always be essential in the drafting o... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--how-to-structure-a-will-2072184.html 25th February 2011 Wills - Choosing An Executor Choosing an executor is very important, they need to be trustworthy and have an orderly approach to issues that could arise. An executor will have the task of administering all the affairs of your estate when you die and will always be appointed in a test... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--choosing-an-executor-2068145.html 24th February 2011 Wills - Probate Law Probate law regards to the process of administering or distributing the estate of a deceased person by clearing all debts, claims and distributing the deceases property and personal possessions to the beneficiaries who are named under a valid Will. A surr... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--probate-law-2067559.html 24th February 2011 What Is a Grant of Probate In The UK? When the administrator of a deceased person's estate is granted permission to deal with that estate ' this is referred to as Probate. When is a grant of probate needed in the UK? A UK grant of probate will be needed if the deceased has left any one ... http://www.articlealley.com/http://timbishop.articlealley.com/what-is-a-grant-of-probate-in-the-uk-2064537.html 23rd February 2011 Wills - Distributing Your Property The first step to take to before making a Will and stating who will benefit, is to set out a rough estimate of how much your estate is worth and what constitutes your estate. What you can leave behind and be distributed in your Will can take many forms. L... http://www.articlealley.com/http://cgyles6819.articlealley.com/wills--distributing-your-property-2064518.html 23rd February 2011 What Is a Grant of Probate In The UK? In this article, I'll be talking about a lot of the crucial Rift Warrior figures, their work for that Warrior, and also which of them you need to target.Additional StatisticsSuits : For the container, armor is very important. The more shield you've, the p... http://www.articlealley.com/http://timbishop.articlealley.com/what-is-a-grant-of-probate-in-the-uk-2064494.html 23rd February 2011 Including Funeral Plans/Body Arrangements In a Will? If funeral arrangements are complicated, they should be written out in detail so there are clear instructions opf what you would like so your executors know exactly what you want. The Will can then state your preference as to whether you would like to be ... http://www.articlealley.com/http://cgyles6819.articlealley.com/including-funeral-plansbody-arrangements-in-a-will-2064282.html 23rd February 2011 Business Resilience–Priority of People or Process? The vast majority of companies, regardless of what they themselves believe, are significantly influenced in their resilience planning by the personalities that represent the process. Whether it is a sole champion or a department that is charged with the e... http://www.articlealley.com/http://tonyridley.articlealley.com/business-resiliencepriority-of-people-or-process-2054206.html 21st February 2011 Contesting a Will - Will Disputes Wills disputes are becoming more and more common place in society today. It is no surprise when the largest asset in someone's estate is usually the family home, and the value of that family home has increased significantly through the testator's lifetime... http://www.articlealley.com/http://cgyles6819.articlealley.com/contesting-a-will--will-disputes-2046739.html 18th February 2011 Probate - An Overview Probate is the process of applying for the right to deal with a deceased person's estate. If the person who dies has left a will, it is likely that they will name one or two executors of the estate. The people who are named as executors must then go to co... http://www.articlealley.com/http://cgyles6819.articlealley.com/probate--an-overview-2046032.html 18th February 2011 The Importance of Having a Valid Will There are several reasons why it is highly important to write up a Will. If you die before making a Will, there are laws which can determine where your assets and money will go and this could not be what you would have liked. Say for instance you are in a... http://www.articlealley.com/http://cgyles6819.articlealley.com/the-importance-of-having-a-valid-will-2032247.html 15th February 2011 How To Avoid An Inheritance Claim When Acting As An Executor When someone dies they usually leave behind a Will and an estate to distribute, this responsibility falls to the executor of the estate. This is quite a responsible position and should not be taken on lightly. If some proper legal steps are not taken, exe... http://www.articlealley.com/http://timbishop.articlealley.com/how-to-avoid-an-inheritance-claim-when-acting-as-an-executor-2030203.html 14th February 2011 A Brief Guide To The Terms Used in UK Probate Someone whom has been nominated to act as a personal representative for an estate must apply to the Probate Registry for a Grant of Representation. The process of 'probate' involves the personal representative ( 'PR' ) administering the estate. This in... http://www.articlealley.com/http://timbishop.articlealley.com/a-brief-guide-to-the-terms-used-in-uk-probate-2029960.html 14th February 2011 UK Probate Solicitors And How They Can Help You Due to the complex nature of probate cases, you will normally find that your solicitor will be a specialist in the UK probate law. This does mean that the advice you receive will be invaluable. This area of the law also tends to be quite emotional and str... http://www.articlealley.com/http://timbishop.articlealley.com/uk-probate-solicitors-and-how-they-can-help-you-2028443.html 14th February 2011 5 Things You Need To Know About UK Probate This article is aimed at those whom have been asked to act as an executor of someone else's estate. You may have heard of the term probate before, but do not know what it entails. 1. What is probate? Probate in the UK is legal confirmation given ... http://www.articlealley.com/http://timbishop.articlealley.com/5-things-you-need-to-know-about-uk-probate-2024611.html 11th February 2011 27 Reasons To Make A Will Formalities 1. To choose your own Executors When you make a will you appoint Executors to deal with your affairs after you die. Making a will gives you the opportunity to select your own Executors; if you do not have a will the law states who will tak... http://www.articlealley.com/http://johnperry2.articlealley.com/27-reasons-to-make-a-will-1949239.html 12th January 2011 Contesting a Will When the Executors are Acting Badly Your brother is an Executor of your late father's Will. You have never been on good terms with your brother but the real problem is that you don't trust him. Your mother died a while ago and your brother helped your father make his Will. When your dad ... http://www.articlealley.com/http://timbishop.articlealley.com/contesting-a-will-when-the-executors-are-acting-badly-1932739.html 06th January 2011 All About Wills and Probate The subsequent document is a short and helpful guide to wills and probate. A Will is actually a legal document that (when properly prepared) will make sure that your assets can be distributed in the manner you want after your death, and that means you... http://www.articlealley.com/http://jo1.articlealley.com/all-about-wills-and-probate-1910268.html 20th December 2010 A brief guide to Probate When a person dies, there is a lot to think about. There also has to be someone that has to deal with their affairs, also known as 'administering the estate.' If the person who has died leaves a will, it will name the people they wanted to act as executo... http://www.articlealley.com/http://masonlinger.articlealley.com/a-brief-guide-to-probate-1876210.html 30th November 2010 What is Probate and Should I Pay a Professional? What is probate and when is it necessary Whenever anyone dies, it will always be necessary for someone to step in to deal with the financial affairs of the deceased. If the deceased left a valid Will the person responsible for dealing with the estate w... http://www.articlealley.com/http://barrysummers.articlealley.com/what-is-probate-and-should-i-pay-a-professional-1867163.html 25th November 2010