Dear Savvy Senior: My uncle recently asked me to be the executor of his will when he dies. I feel honored that he asked me, but I’ve never done this before, and I’m not exactly sure what the job ...
Appointing the right executor is one of the most important decisions when preparing a Will. Executors play a central role in the administration of an estate including applying for probate safeguarding ...
Executors and administrators of estates in Virginia must swear an oath before the probate clerk that they will “faithfully perform the duties of [their] office to the best of [their] judgment.” These ...
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Tackling executor duties for a dead relative
The death of a family member, even a distant one, can be emotionally difficult. But if your relative has named you executor, you have extra weight on your shoulders. Being executor — also called a ...
Suppose your mom, who is widowed, has three children (including you). She executes a will that leaves her estate to you and your two siblings, and names you as executor of her estate. Then your mom ...
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The risks of nominating a family member as executor
Money, they say, is the root of all evil. And this is what often happens when a family member has a role to play when it comes to devolving assets for a deceased estate when they have been appointed ...
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