It's a big responsibility to be appointed the executor of a loved one's estate. You have many obligations in your role. One of those is to pay any taxes associated with the deceased or their estate. There are differences between the types of taxes you may need to...
Handling A Wide Variety Of Matters
Month: January 2021
What you need to do about an executor’s fiduciary duties
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Jan 22, 2021 | Probate & Estate Administration
The executor of an estate has many responsibilities, known as their fiduciary duties. An executor must always act in accordance with the deceased's wishes, and for the benefit of the estate and its heirs. It's important to understand the role the executor plays in...
Can you stop your children from fighting over your estate?
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Jan 18, 2021 | Estate Planning
In some families, fighting seems to be the way that siblings relate to one another. If your children have squabbled their entire lives, you likely wish for nothing more than their happiness and to see them have a positive relationship. You probably hate the idea that...
Should you write a will when you retire?
| Jan 15, 2021 | Estate Planning
You’ve worked for your money for a long time. Now you’re getting close to retirement age, and you’re starting to wonder what will happen to that money when you pass away. Is it time to write a will? ideally, you will already have a will in place that may only need...
Now that you have decided to create a trust, you need to fund it
On Behalf of Goldman, Monaghan, Thakkar & Bettin, P.A. | Jan 6, 2021 | Trust & Probate Administration
Creating one or more trusts is an excellent way to safeguard your assets and ensure they can pass on to your heirs intact. However, it is not enough to create a trust. You must add your property to give your trust value. When people begin their estate planning...
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