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Executors: Were You Caught With Your Pants Down By The Coronavirus Stock Market Meltdown? Here’s What You Should Have Done

An Executor is someone officially appointed by the court to gather and distribute the estate of someone who has died.  Simply being named as Executor in the Will does not alone confer that status.  In order to qualify, one must take an oath to well and truly administer the estate according to law. 

The Coronavirus Pandemic Presents Ample Reasons to Reevaluate Your Estate Plan

The coronavirus health emergency is a reminder that life is unpredictable, and it makes sense to be prepared. It may sound self-serving, but the threats to life and finances posed by the pandemic offer ample reason to reevaluate your estate plan -- or create one if you haven't already. Experts recommend that you will need

Who Gets Copies of the Will After a Person Dies?

Many movies and television shows have a scene where a family gathers around a big table after a relative has died to listen to the reading of the will, copies in hand. While this makes for a dramatic scene, one that may have been more common when literacy rates were lower, it doesn't usually happen

Children Are Liable for Unpaid Nursing Home Bills of Parents Even If They Never Got Any of the Money

Written by: Stanley M. Vasiliadis Esquire, CELA Sam, Mary’s son and agent under her power of attorney, didn’t bother to seek legal advice after Mary entered a nursing home.   “She only has $60,000.  There’s nothing we can do”, he told his sisters.  Six months later, with her funds exhausted, Mary sought Medicaid to pay for