the executor of a will

7 Steps to Take If You Are the Executor of a Will

Being the executor of a will can be an emotional and overwhelming process. On the one hand, you are in charge of distributing the deceased person’s property as outlined in his or her will, as well as the payment of debts and expenses. On the other hand, if you are this person’s executor, you are likely grieving his or her passing. In many cases, children are the executors of their parents’ wills.

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Reasons you need a will

5 Reasons You Need a Will

An important piece of the retirement planning puzzle is not only determining how you will use your assets to pay for your retirement, but also mandating what will happen to your assets after you pass away. A will outlines the latter, giving you control over your estate and influence over it after you have died. Among the reasons you need a will are:

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Who Needs a Will?

Planning for your death and organizing your estate is not necessarily a process anyone looks forward to, and therefore it is often pushed to the bottom of peoples’ priority lists. However, it’s a process that, if neglected, could have negative consequences on your hard-earned assets and for your family.

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