In a series of ongoing posts, our blog has been discussing how the prospect of addressing complex estate administration issues -- particularly the probate process -- in the weeks after the passing of a friend or family member can seem especially daunting.
In a previous post, we discussed how the difficulty of a loved one passing is often compounded by the need to address complex estate administration issues -- particularly as they relate to the probate process.
The simple truth is that there is a seemingly endless list of tasks to complete in the immediate aftermath of a loved one's passing from contacting friends and family to making funeral arrangements.
If you were appointed the executor of the estate of a recently deceased loved one, there is a very good chance that you will be instructed in the will to pay off any outstanding debts before distributing assets among heirs.
Even the most casual sports fan understands and appreciates just how much professional sports franchises are now worth thanks to everything from lucrative media broadcast deals and endorsement agreements to ticket sales and general stadium revenue.
A mysterious woman without any remaining family recently made the news when she left around $4 million to charity, specifically in the form of scholarships for several schools and universities near where she had lived. The woman’s gift came as a surprise to many since she had worked as an office administrator and paralegal and lived in a modest home.