What is the first thing I need to do when a loved one dies?
The first, and most important thing you need to do when someone dies is grieve.
What taxes apply when selling the house of someone who died?
When a house is sold after someone dies, there can be capital gains taxes and/or property taxes depending on the circumstances.
What is a trust administration?
Trust administration is when you follow the terms of the trust, usually at the time someone dies or becomes incapacitated
What is an executor, administrator, and a successor trustee?
An Executor is when there’s a will; an Administrator is when there’s no will; a Successor Trustee is when there’s a trust. Executors and Administrators are subject to Probate Court; the Successor trustee is not.
How do you deal with grief? 5 Ways to Cope with with Grief (Part 2 of 2)
Five ways to cope with grief, particularly when navigating the death of a loved one.
What are the Stages of Grief? Coping with Grief and Loss (Part 1 of 2)
What are the stages of grief? This guest post by Dr. Corey Hirsch discusses some of the realities of grief that many people face when a loved one dies.
How do you administer a trust?
How you administer a trust depends on exactly what the trust says at the time it needs to be carried out.
What bills do I pay first when someone dies?
When someone dies, there are bills (debts) and assets (money or property). What bills to pay will depend on various factors: but please consult an attorney before you pay anything.
What do I do once I have a trust?
Once you have a trust, you must make sure to put your assets into the trust. And, don’t forget that you should still review the trust every three to five years!
What needs to happen when someone dies?
When someone dies, there are certainly legal processes that need to happen; but the most important thing is to grieve and take care of yourself before you call your attorney.
What does it mean to disinherit someone?
How to disinherit someone (exclude them) is important. There are key ways to do that; talk to your attorney.
What is the role of an executor in estate planning?
An executor (or successor trustee) has a very important job. It is usually best to consult an attorney to determine specific tasks.