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Fiduciary Roles: Executors and Administrators or Trustee

– Posted in: legal terms probate roles

  What is a fiduciary? There are several kinds. Today we will focus on the roles of administrator, executor, and trustee. How are these roles different? Each type of fiduciary carries a high responsibility.  It's a person in who much trust is placed. This applies to legal, ethical, and monetary responsibilities.   In a Will the executor

Testate versus Intestate

– Posted in: legal terms

  https://youtu.be/NNyG4RDCCl4 Testate versus Intestate. What's the difference? Testate means that a person dies with a valid Will in place. Intestate means that the person died without a Will. Not a big deal unless you want the state to decide who gets what. Not a big deal if you want your family to end up with

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