Many families live spread throughout the country, meaning the person you choose as your estate’s representative may not live in the same state as you. If you are estate planning in Florida and want to select an out-of-state personal representative… Read More
Posts Tagged ‘personal representative’
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What an Estate Planning Attorney Does For You
If you don’t yet have an estate planning attorney, it may be because you don’t understand the many ways this professional is prepared to make life easier for you. Creating an estate plan and later administering it can be challenging…. Read More
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3 Common Will Provisions and Their Purposes
Wills, trusts, and other estate planning documents are highly beneficial for all individuals and recommended for every adult, age 18 and up. As a general rule, the sooner you can start estate planning with a knowledgeable attorney, the better off… Read More
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How Do You Choose a Personal Representative When You Have No Children?
Your estate’s personal representative, or executor, has a significant role. Your personal representative is tasked with administering your estate according to the instructions laid out in your Will. This person must settle any remaining debts and ensure all beneficiaries named… Read More
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The First Steps for a Newly-Appointed Personal Representative
If you have recently lost a loved one who has appointed you as the personal representative, or executor, of their estate, the responsibilities can feel overwhelming. This is especially true if you are a first-time personal representative who has not… Read More
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Understanding the Role of a Personal Representative
If you find yourself in an estate proceeding, you will hear the term “executor.” In Florida, this role is called the “personal representative,” and the duties are the same. The personal representative is appointed to oversee the administration or probate… Read More
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Individuals You May Need to Include In Your Estate Plan
An estate plan requires you to name individuals for a variety of responsibilities. These responsibilities differ from one another, so you must consider the requirements of each role before you name someone in your estate plan. Your estate planning lawyer… Read More
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You’ve Been Named a Personal Representative: Now What?
When your loved one names you as a personal representative, it can be an honor. It means that they trust you enough to make financial decisions when they’re no longer here. While this role can be honorary, it also comes… Read More