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What are the duties of an executor?

Losing a loved one is a traumatic experience for most people, even if the death was expected. One way that some people try to make their death easier on their loved ones is by getting their estate plans together. When they do this, they’ll name an executor to handle...

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Can multiple people inherit a house?

In many cases, people inherit assets individually. For example, an elderly person may have two adult children as their primary beneficiaries. They could split financial accounts evenly between them. For tangible assets, such as family heirlooms, they might decide...

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Who pays debts during probate? 

After someone passes away, there are many steps involved in settling their estate. One of the main goals is to distribute the person’s assets to their beneficiaries. If they died intestate—meaning they didn’t have a will—this is done in accordance with state law. If...

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