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What Does an Executor Do?

Jul 31, 2018 - Probate by

If you have been named as executor of an estate, this isn’t just a figurehead position. The death of your loved one who named you as executor has resulted in a host of new legal obligations being imposed upon you, should you choose to be appointed to fulfill this role.  You do not have to agree to be executor of an estate, even if a last will and testament specifies that you should serve. The court could appoint an estate administrator or a personal representative – but many people who have been named as executor of an estate do decide […]

Top Reasons to Avoid Probate

Avoiding probate is one of the key reasons why many people talk with a Miami estate planning attorney.  Probate proceedings are the usual method of transferring assets after a death. The proceedings can be time consuming, expensive, and difficult for heirs or beneficiaries to cope with. Probate can be avoided using a variety of tools including trusts that facilitate the passage of assets through the trust administration process; pay-on-death accounts that allow assets to be transferred to a designated beneficiary; and joint ownership with rights of survivorship as a method of owning property that allows the property to immediately transfer […]

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