As the personal representative what kind of things do I need to think about before I settle my friend’s estate? Estates vary widely, but basically you have to focus on three areas – taxes and administrative expenses, final bills of the decedent and distributions. Very few estates have to pay federal or South Carolina estate…Read more
Tag Archives: Personal Representative Duties
- Tag Archives: "Personal Representative Duties"
Does a revocable trust replace a will? Do all assets have to go into the revocable trust? And how much do trustees typically get paid?Living or revocable trusts are effective estate planning tools that can avoid the hassle and cost of probate and ease the transition of assets after the death of a grantor....Read more
I attended a family reunion recently.And some of my aunts and uncles were talking about our “heirs’ property”. It appears I have some interest in an old house and tract of land, what should I...Read more
My Mother just inherited $60,000.Q. My Mother just inherited $60,000. She owns her own home and has a modest income. She has few other assets. She had a stroke and now requires help to...Read more
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