However, you must also choose an executor, the person who will carry out your will's instructions.Choosing the wrong executor ...

Get Morningstar's essential reading for financial professionals in Advisor Digest. This month and next, I'll offer a detailed look at the issues and obligations that executors face when retirement ...

Q. My aunt is a widow, has no children and is in an assisted living center with dementia. A few years ago, she signed a will naming me as executor. I never received a copy of the will. One of my ...

Here are some tips for choosing an executor: Consider your relationship with the person. Often, your surviving spouse or another family member is a good choice, but there could be advantages to ...

An executor of a will is a person or organisation appointed to carry out the wishes of someone who has passed away, as laid out in their will. This role involves managing the deceased person’s estate, ...

Learn the differences between the executor of a will and power of attorney. Discover the pros and cons of having one person ...

Executors have a fiduciary duty to act in the best interest of the estate and its beneficiaries. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

Being asked to be an executor is an honor you might want to pass up. Settling an estate typically involves tracking down and appraising assets, paying bills and creditors, filing final tax returns and ...

The information in this column is intended to provide a general understanding of the law, not as legal advice. Readers with legal problems, including those whose questions are addressed here, should ...