Estate Planning: Debt Discussion
When a loved one names you to execute their will, take it seriously. Count yourself lucky if you have plenty of time to speak with them about their intentions. Take the time to get…
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Can You Execute My Will?
Executing a will is a big responsibility. It takes time and patience, and the administrative chores can be an extra challenge for those grieving. When you create a will, be thoughtful in your selection and…
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Accountable To Beneficiaries: Personal Representatives
The probate courts appoint personal representatives to settle the affairs of the deceased when there is no will. A personal representative takes control of the assets (aka estate) of the deceased and distributes them to…
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Time for a Conservator?
Taking care of loved ones or friends is a tremendous responsibility. Legal advisors point out that in some circumstances, conservatorships can be the right solution for protecting the finances and legal affairs of someone…
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Let’s Talk About It: Estate Planning
If we become incapacitated, and when we ultimately die, there is so much our families will need to know and do—while grieving. Putting an estate plan in place and communicating about it while we…
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How Do Courts Appoint Administrators?
Typically, when a will is created, an executor is appointed to oversee the affairs of the deceased. If there is no will—or if the designated executor cannot fulfill the duties when the time comes—an administrator…
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Court & Fiduciary Bonds Online, Instantly | The Partnership Account® for Attorneys
WOODCLIFF LAKE, NJ, March 2, 2021 Colonial Surety Company is excited to launch the newest addition in a growing portfolio of digital, direct-to-customer, bond, and insurance products. As an insurtech innovator, Colonial is advancing a…
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Choosing a Personal Representative: Time to Buck Tradition?
Traditionally, the oldest child is tapped as the personal representative for the estate of aging parents. Is that always best? Sometimes Traditions Get In Our Way 2020 continues to be a year of learning that…
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When There Is No Will, Probate Court Steps In
The number of Americans who do not have wills (or similar documents) has increased. Generally, when a loved dies without a will, a probate court appoints an administrator and determines the heirs. Here’s what…
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