Can an Executor Sell a House for Less Than Market Value? When a loved one passes away, a series of legal steps unfolds. One of these steps might involve selling a property. You might wonder, can an executor sell a house for less than market value? We, at Hess-Verdon &...
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Executor’s Duty to Act Honestly: Legal Consequences of Stealing from the Estate
Can an Executor Steal from the Estate? When it comes to estate planning, trust is paramount. But what happens if that trust is broken? Specifically, "Can an executor steal from the estate?" Let's explore. The Role and Responsibilities of an Executor An executor...
Executor’s Authority to Sell Property before Death: Legal Considerations and Limitations
Can an Executor Sell Property Before Death. The Role of an Executor Explained When it comes to managing a person's estate, the role of an executor is often misunderstood. Thus, before we answer the question - can an executor sell property before death?, let's first...
Executor’s Lawsuit against a Beneficiary: Legal Considerations and Process
Can an Executor Sue a Beneficiary? Navigating the intricacies of estate planning, one key question often arises: Can an executor sue a beneficiary? It's a complex issue worth diving into.The Role of an Executor in Estate Administration An executor plays a crucial role...
Executor’s Lawsuit on Behalf of the Estate: Legal Considerations and Process
Can an Executor Sue on Behalf of Estate? The Role of an Executor In the complex world of estate planning, executors play a crucial role. But, can an executor sue on behalf of the estate? Let's start by understanding the responsibilities of an executor. The...
Executor’s Authority over Estate Assets: Legal Considerations and Limitations
Can an Executor Take Everything? In the world of estate planning, this question often arises: "Can an executor take everything?" Let's delve into this concern.Understanding the Role of an Executor The executor plays an essential role in any estate planning procedure....
Executor’s Authority to Take Estate Items: Legal Considerations and Limitations
Can an Executor Take Items from the Estate? Understanding the Role of an Executor The process of estate planning can be intricate, and the role of an executor is pivotal. But what powers does an executor hold? Specifically, can an executor take items from the estate?...
Personal Liability of a Trustee: Legal Considerations and Risk Mitigation
Can a Trustee Be Personally Liable? As a trustee, you may wonder, "Can a trustee be personally liable?" The short answer is yes. While serving as a trustee comes with significant responsibilities, it also carries potential personal liability if you fail to fulfill...
Trustee Liability: Understanding Criminal Liability and Legal Responsibilities
Can a Trustee Be Criminally Liable? Understanding the Role of a Trustee A trustee is a person appointed to manage a trust and its assets on behalf of the beneficiaries. Trustees have a fiduciary duty to act in the best interests of the beneficiaries, which involves...
Personal Liability of a Trustee: Legal Considerations and Risk Mitigation
Can a Trustee be Held Personally Liable? The death of a family member often leaves loved ones with many questions, including concerns about the responsibilities and liabilities of a trustee. If you're wondering, "can a trustee be held personally liable?", we're here...
Illness of Executor: Impact on Probate Proceedings and Alternatives
What Happens If An Executor Becomes Ill Navigating the legal intricacies of estate planning is complex, and sometimes, unexpected situations arise - like, what happens if an executor becomes ill? Let's delve into this subject to provide clarity.The Role of an Executor...
Revocable Trusts and Spousal Death: Post-Death Considerations
What Happens to a Revocable Trust When One Spouse Dies? Understanding the complex world of trusts, especially when a family member's death is involved, can be daunting. It's crucial to understand what happens to a revocable trust when one spouse dies.Understanding...
Incapacity of Executor: Legal Considerations and Alternatives
What happens if an executor of a will is unable to act? Ever wondered, "what happens if an executor of a will is unable to act"? Well, we're here to help you understand the process and what to expect.Understanding the Role of an Executor An executor is an individual...
Excluded Child in a Will: Legal Recourse and Potential Actions
What If A Child Is Left Out Of A Will It's a challenging question - what if a child is left out of a will? Let's explore this situation in detail.The Concept of Intestate Succession If a person dies without a will (intestate), their property is distributed to their...
Spousal Entitlement in California: Rights and Considerations
What Is the Wife Entitled to in California When it comes to divorce, one question we often hear is, "what is the wife entitled to in California?" Let's demystify this complex topic.Understanding Marital Property in California In California, the law views marriage as a...
Self-Dealing in Business: Definition, Examples, and Legal Implications
What is Self-Dealing in Business? Self-dealing in business is a complex subject, one that Hess-Verdon & Associates is exceptionally well-equipped to navigate. With our over three decades of experience in estate planning, business, and commercial litigation, we are...
Rights of a Second Wife: Entitlements and Considerations
What is a Second Wife Entitled To Navigating the question "what is a second wife entitled to?" requires a keen understanding of marital rights and estate law. This article aims to provide a clear, concise breakdown of these complex issues.Defining Marital Rights and...
No Estate upon Death: Legal Implications and Considerations
What if There is No Estate When Someone Dies? What happens if there is no estate when someone dies? This question often arises in the wake of a loved one's passing, adding another layer of complexity to an already challenging time. But don't worry, we're here to shed...
Trust Beneficiaries: Eligibility and Considerations
Who Can Be a Beneficiary of a Trust Understanding "who can be a beneficiary of a trust" is crucial in estate planning. A well-executed trust provides security and peace of mind for your loved ones, and it's critical to know how to choose beneficiaries...
Entering a Deceased Person’s Home: Legal Permissions and Responsibilities
Who Can Enter a Deceased Person's Home Losing a loved one can be a challenging time. As if dealing with the grief isn't tough enough, navigating the legalities can be equally daunting. One question that often arises is "who can enter a deceased person's home?" The...