Mike
May 22, 2023
When a loved one passes away, the person nominated to serve as the estate’s representative is known as the executor or administrator of the estate. The representative takes on the responsibilities and legal risks associated with doing this job according to the law. One of the legal duties of a personal representative is to […]
Mike
December 2, 2022
Real estate is often a major part of the gifts which pass from a loved one’s estate to the beneficiaries. Unlike stocks and other liquid assets, real estate often has added sentimental value to the beneficiaries with a feeling of history and connection to the property. Many families want to honor their loved one’s wishes […]
Mike
November 10, 2022
The personal representative of a Pennsylvania estate, also known as an executor or administrator, has the legal authority to manage the estate assets. But with this authority also comes the responsibility to preserve the value of the assets for the beneficiaries. Estate representatives have a fiduciary duty to the beneficiaries to ensure that the assets […]
