Consolidate your bank accounts I like many people, open bank accounts for the sole purpose of saving for something special. It might be a special vacation, a birthday party, a new car, or whatever. Then after the occasion has passed, I often leave the account open with a little bit…
In our last post I discussed the type of person who would make a good executor or executrix. Sometimes, however, the Court has to appoint a person to be a decedent’s Personal Representative – if there is no Will, or if the Will was improperly prepared, or if it is…
When you meet with an attorney to draft your estate planning documents, the attorney will ask you for the names of people to serve in various roles. Among these is the role of “Personal Representative,” who is called an “Executor” if a male and an “Executrix” if a female. The…