- All the Forms You’ll Need as Executor of an Estate
When you serve as the executor of a will or estate, you’ll need to grapple with a lot of paperwork as you coordinate the distribution of assets and property. No matter what step of the probate process you’re working through, there’s… read more…
- Can an Executor Of a Will Be a Beneficiary?
Serving as the executor of a will can be a bigger time commitment than many people might expect. Not only do you need to oversee the transfer of assets to the proper beneficiaries, but you also need to pay debts,… read more…
- What Is a Durable Power of Attorney?
A power of attorney is a legal document that transfers control of some of your personal responsibilities to another person. There are a few basic types of power of attorney, one of which is a durable power of attorney. With… read more…
- All About the Duties of an Executor of a Will
The executor of a will plays a very important role in the process of closing a deceased individual’s estate. Although many think of executors as simply the people who inform heirs of what they’ve inherited, the job is actually quite… read more…
- What Is Probate and How Does It Work? A Guide to the Process
Probate is the court-supervised process of validating the will of a deceased person, or decedent. It involves identifying the person’s final assets, paying their last debts and distributing their estate’s property to the proper heirs. State probate laws vary, but… read more…
- Executor Fees: What You Can Expect to Pay
Some people may feel guilty about taking money for serving as the executor of a will. This is understandable, as the people you’ll be working with will undoubtedly be grieving. (Indeed, you may be grieving as well.) However, being an… read more…
- What Is an Executor and How Do You Appoint One?
Although it’s never fun to think about, estate planning is an important part of life, especially as we grow older. Many people choose to create a last will and testament to dictate how to bequeath their property and other assets… read more…
- What Is Power of Attorney and How Does It Work?
The power of attorney (POA) authorizes another person to sign legal documents and otherwise act on your behalf in the eyes of the law. This power, however, does not apply to making changes to a will. It ends when you… read more…
- What Is a Will, and How Do You Write Your Own?
A last will and testament, otherwise known as a will, is an estate planning tool that directs what will happen to your estate following your death. Creating your own will involves choosing an executor and beneficiaries, listing out all of your… read more…
- Advanced Directive vs Living Will: Is There a Difference?
A living will is a type of advanced directive, and both can be useful when a medical issue leaves you unable to express your wishes about medical treatment. That’s why it’s important to make preparations ahead of time to make… read more…
- Wyoming Estate Tax
Wyoming does not levy an estate tax. There is a federal estate tax, though, that will apply to Wyoming residents with large enough estates. This page will walk Cowboy State residents though what they’ll need to know about the estate… read more…
- Tennessee Estate Tax
Tennessee has no estate tax, regardless of the size of your estate. There is a federal estate tax, though, that will apply to Volunteer State residents who have estates of sufficient size. This page will walk Tennesseans looking to plan… read more…
- South Dakota Estate Tax
South Dakota does not levy an estate tax. There is a federal estate tax, however, that will apply to South Dakotans who have estates of a certain size. This page is a guide for Mount Rushmore State residents who are… read more…
- How to Set Up a Trust Fund
Setting up a trust fund is one of many ways you can transfer money, property, and other assets to your loved ones or worthwhile causes. Like a will, it’s an estate planning tool that outlines how your affairs should be… read more…
- Oklahoma Estate Tax
Oklahoma has no estate tax, though some Sooner State residents may pay the federal estate tax if their estate is above a certain size. This page will walk Oklahomans through the estate tax so they can better plan their estate… read more…
- Wisconsin Estate Tax
Wisconsin has no estate tax. The federal estate tax may apply to residents of the state, however, if their estate is valuable enough. This page is for Badger State residents who want to learn more about the estate tax as… read more…
- North Dakota Estate Tax
There is no estate tax in North Dakota. The federal government has an estate tax, though, and it may apply to North Dakotans if their estate is of sufficient value. This guide is for Roughrider State residents who are looking… read more…
- New Mexico Estate Tax
New Mexico does not have an estate tax, though there is a federal estate tax that will apply to New Mexicans who have large enough estates. This guide will take Land of Enchantment residents though all of the relevant facts… read more…
- New Hampshire Estate Tax
New Hampshire has no estate tax. The federal estate tax may apply to residents of the state, though, if their estates are worth enough. This guide is for Granite Staters who are looking for the information they need to work… read more…
- Nebraska Estate Tax
Nebraska does not have an estate tax, though the federal estate tax will apply to Nebraskans if their estate is worth enough. Nebraska also has an inheritance tax to watch out for. This guide will take Cornhusker State residents through… read more…
- Nevada Estate Tax
Nevada does not have an estate tax. There is a federal estate tax, though, that may apply if your estate is large enough. This guide will walk Silver State residents through the estate tax information they need to know to… read more…
- West Virginia Estate Tax
There is no estate tax in West Virginia, but residents of the state may still have to pay the federal estate tax if the value of their estate is high enough. In this guide, Mountain State residents will find the… read more…
- Missouri Estate Tax
Missouri does not levy its own estate tax. Missourians may be liable for the federal estate tax, though, if their estates are large enough. This guide walks Show-Me State residents through what what they need to be aware of regarding the… read more…
- Montana Estate Tax
Montana does not have an estate tax. Montanans may still have to pay the federal estate tax, though, if the value of their estate is high enough. This guide takes Big Sky Country residents through what they need to know… read more…
- Mississippi Estate Tax
Mississippi has no estate tax, but the federal estate tax will still apply to Mississippians if their estate is worth enough. This page guides Magnolia State residents through what they need to know to protect their assets and make sure… read more…