How Does an Executor Pay Off a Decedent’s Debt?
An executor is the person chosen under a will to put the wishes of the deceased person into effect. The will is a plan, and the executor is in charge ...
An executor is the person chosen under a will to put the wishes of the deceased person into effect. The will is a plan, and the executor is in charge ...
“KRS 391.315(1)(a) provides the funds remaining in a joint account at the death of a party belong to the surviving party.” In a 2018 case, Coe v. Schick, the Kentucky ...
When your spouse dies, are you responsible for paying the debts they left behind? The (perhaps unsatisfying) answer is: yes and no. No, you are not personally responsible for repaying ...
Blog last updated on June 21, 2021 Sometimes, when someone is named as the executor of a deceased person’s estate, they think that role gives them free rein. In truth, ...
Many investments allow an investor to name a beneficiary of the asset upon death. The proper use of this benefit can make a person’s estate plan much more efficient, says ...
“Medicaid utilizes a five-year lookback to determine if you gave assets away within five years of your application for benefits. Transferring the home could make you ineligible for a period ...
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