Months after the bulk of their mother’s estate was divided and paid, a reader’s sister is seeking to keep a remaining balance of $150,000 as payment for her work as an executor. By Philip Galanes My ...
'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, ...
Dear Liz: Our dad is 93 and has a reverse mortgage on his house, where he lived until recently with my brother and my brother’s friend. In August, we had to move Dad into assisted living. Shortly ...
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 ...
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‘He’s executor of his dad’s estate’: Should my son use his late father’s bank account to pay for funeral expenses?
My 27-year-old son has a dilemma. He’s the executor of his dad’s estate. (There’s no trust in place, but there is a will.) At this point, the estate has less than $100,000, if that matters. Is it ...
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