For those who are interested parties to an estate in Woodland Hills, the actions of the estate's executor are of particular interest. Any missteps or mismanagement on his or her part could potentially impact the estate's assets and property. Thus, it becomes important...
Executors And Fiduciaries
Sister accuses brother of mismanaging mom and aunt’s money
For families in Woodland Hills, having one assume control of a parent or loved one’s affairs could potentially alienate the other members. If such tension exists, one may want to ensure that all of his or her dealings with the estate be transparent and up-front,...
How do you relinquish the role of executor?
When a family member, friend, or colleague names you as the executor of his or her estate, he or she is tasking you with an enormous responsibility. What if you fear, however, that you may not be able to adequately fulfill the role? Properly seeing an estate pass...
How can you determine the fair market value of estate assets?
If you have been asked to serve as the executor of an estate in Woodland Hills, a potentially daunting task lies before you: determining the fair market value of the estate’s inventory. Many go into an estate distribution vastly overestimating the value its...
Reviewing executor compensation in United Kingdom
The task of being the executor of an estate in Woodland Hills can be a daunting one. According to the American Bar Association, the duties of an executor include handling unpaid debts and expenses, overseeing the proper administration of trusts and gift disbursements,...
Detailing your fiduciary duties as a trustee
Often, we here at the are asked by Woodland Hills residents to explain what's expected of them as a trustee. If you have been named as such by a family member or friend, it's important that you gain the same understanding. The trust...
Guiding executors through the probate process
When a loved one passes away, moving forward can be incredibly difficult. In addition to all of the emotional pain that often comes with the loss of a loved one, those who have been named executor of an estate may have no idea how to approach the probate process or...
Estate of Ernie Banks being contested between wife and friend
The task of administering one’s estate can often be a source of confusion and consternation among Woodland Hills residents. In the event that one is not abundantly clear regarding the assets that comprise his or her estate, disputes will often arise after he or...