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In Trusts We Trust: Day 53

February 2, 2012 by

Tax By-Pass Trust Tax By-Pass Trusts are trusts that are irrevocable, meaning they can’t be changed once they are created, and the terms must be carried out.  In some cases where circumstances make carrying out the terms of the trust uneconomical or too difficult a court may step in to allow the terms to be […]

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Yesterday I completed a twelve-day journey through the legal process of probate—at least I thought I did!  Today, I realized that no discussion of executors, administrators and personal representatives would be complete without a warning of what happens if this person does not perform the duty they’ve been assigned. As a refresher: An executor is […]

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Today completes what has been a twelve-day journey through the legal process of probate.  For my final post, I’ll be covering what happens when someone is named as either an executor, administrator, or personal representative, and they don’t want to serve. As a refresher: An executor is a person who is specifically named in the […]

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For the past few days I’ve been covering the process of probate itself, and what happens when an executor, administrator or personal representative has been appointed by the court.  Today I’ll be covering more about the court’s relationship to policing executors, administrators and personal representatives. Here’s a quick guideline: An executor is a person who […]

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