The executor or personal representative is the person responsible for managing the estate of a decedent. Even with simple estates, this individual has many duties. In exchange for the person's time and effort, the executor does receive a fee for conducting all the...
A prenuptial agreement may not be a topic that newly engaged couples want to discuss, but it is important. Many people think that prenups are only necessary if someone has a lot of money or is a business owner, but that is not necessarily the case: Prenup agreements...
If you have children under the age of 18 and you have not named a guardian for them in the event both you and your partner die, it is time to update your estate plan. A guardian is the person who will have custody and manage each child's property. Choosing this person...
Abuse occurs in all types of relationships, and the elderly are common victims. The abuser can be a family member, caregiver or stranger. The National Institute of Health, National Institute of Aging reports that older individuals experience physical, emotional and...
When a loved one dies in California and makes you a beneficiary in his or her will, you may feel frustrated or disappointed if you do not inherit what you expect. However, if you did not inherit what you anticipated because someone subjected your loved one to...
The details of a will often involve the dividing up of the property to two or more children. In many cases, the writer of the will decides to equally divide these assets, but this might not always provide the best results. A variety of circumstances could change this...
Undue influence refers to the act of using extreme persuasion to cause another person to avoid using his or her best judgment or free will to cause an inequitable result. Though undue influence applies in all aspects of contract law, the first time you may hear the...
A properly executed will remains the foundation of estate planning. Even with professionally prepared will and trust documents, disputes can arise and result in estate litigation. In California, interested parties have a deadline of 120 days to file a will...
When a person chooses someone to be the executor of an estate, this person is placing a lot of confidence and trust in the executor. An executor's job is to manage the estate and distribute assets of the decedent. An executor has a fiduciary duty, which the Cornell...
If you are young and healthy, or even at an advanced age and healthy, you may not be spending too much time thinking about medical care in the future. However, unexpected things happen, and it is always good to prepare for them. If it is important to be in charge of...
