Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.

Probate is the legal process through which a deceased person's estate is managed and distributed. When someone passes away, their assets, which include properties, possessions, and finances, are not ...

Selecting an executor for your estate is one of the most crucial decisions in the estate planning process. The executor will be responsible for managing your assets, ensuring that your wishes are ...

Prior to the distribution of an estate by an executor to its beneficiaries, an executor must prepare an accounting which outlines the assets of an estate, its liabilities, and the expenses paid by an ...

It's difficult enough to lose a parent — but what do you do if a sibling isn't suited to be the executor?