
Does the Executor Control Bank Accounts?
Administration of a decedent’s estate may involve investment accounts (with stocks and bonds) held in the decedent’s name or trust.

Administration of a decedent’s estate may involve investment accounts (with stocks and bonds) held in the decedent’s name or trust.

No one knows when their time will come, which is why it’s important to have a last will in place. This document ensures that your final wishes are carried out after your death. Without a will, the laws of the state of your residence at the time of death will determine what happens with your estate.

Deborah Placet had no idea how to access her husband’s cryptocurrency and other digital accounts after his unexpected death at age 52.

Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.

However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.

Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.

Most people should have a will, but it’s rarely the most significant estate planning document an individual holds.

Based on a recent survey by the American Pet Products Association, as of 2020, 70% of households in the U.S. have pets—about 90.5 million households.

If a loved one asks you to be the executor of their estate, think carefully before you take on this responsibility.

According to the Exit Planning Institute of Ohio, recent studies show that over 60% of the current U.S. business market is owned by baby boomers (those born between 1946 and 1964), who are ready to exit or transition their business over the next 10 years.