With the aging baby boomer population, more people will be asked to close estates and with this task comes great responsibility. “The executor makes sure the will is carried out properly,” says Randy ...
While teaching Estate Planning and Taxation at SFA, I prepared a handout on “Duties of the Executor.” It is detailed but is not all inclusive. Several of my students told me that they shared the ...
My mom recently died (June 2011), and I am the executor named in her will. She has several IRAs, and I have been told to get a tax ID number. My concern is that I owe taxes to the IRS. How will this ...
Dear Dave: What exactly is an executor, and what part do they play in someone’s will? — Gabe Dear Gabe: Simply put, an executor manages the last will and testament of someone who dies. Acting as an ...
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