Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Serving as the executor of an estate is not just an ...
'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, ...
'My brother retains the money awarded to my father to this day. My mom is still alive.' "In New York state, shouldn't the money be transferred over to my mom, since she was the sole heir in his will?" ...
How to avoid the strong potential for family strife.
Often, being named as an executor happens while you’re still answering condolence messages and planning a funeral. Someone you loved has died, and overnight you become the person everyone expects to ...
Prior to the distribution of an estate by an executor to its beneficiaries, an executor must prepare an accounting which outlines the assets of an estate, its liabilities, and the expenses paid by an ...
Lawrence "Larry" Sprung is the founder and lead wealth advisor at Mitlin Financial, Inc®. Since establishing the firm in 2004, Larry has prioritized personalized financial planning for families. His ...
In recent years this blog has closely followed caselaw developments concerning the powers of estate representatives of deceased LLC members to exercise member rights under Section 608 of the LLC Law.
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