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When creating a will, one of the steps is appointing an executor who will ensure your wishes are followed. Executors have crucial responsibilities, including protecting assets before distribution, paying debts owned by the estate and filing tax returns, among others....
The right time for estate planning is possibly one of the most debatable subjects. Is there a right age, or do you need assets worth millions to take this move? Estate planning is necessary for younger and older individuals of any net worth as it includes vital...
Generally speaking, if someone passes away with money in a bank account, the funds from that account are going to be part of their estate. If their will then directs the estate administrator – sometimes called an estate executor – to split the wealth between two...