Duties of a California Personal Representative
When a personal representative is appointed in California Probate Court, they have multiple duties they must fulfill. First of all, the personal representative, decide whether there are any assets that need to go through probate…
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Why Do Courts Require Surety Bonds?
Court bonds, such as appeal bonds, may be required in court proceedings to enable a party to pursue a remedy in court. Fiduciary bonds guarantee the faithful performance of court appointed fiduciaries such as executors,…
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Executors in New York Surrogate’s Court May Need Surety Bonds
In New York Surrogate’s Court, it’s not uncommon for boilerplate language to be written into a will that waives the requirement for an Executor to have to purchase an estate surety bond to protect the…
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Guidelines for Executors
When you’re named the executor of a will, you have to manage the affairs and settling of an estate. You have to initiate court procedures and help pay off creditors using the deceased’s assets. So…
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The Probate Process With a Will
When a person dies, they may or may not die with a last will and testament. When someone dies without a will, or intestate, property is distributed according to state probate law. However, when someone…
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What is Probate Court?
When a relative has died, you may be told that you have to go to probate court. But what exactly is probate court and who or what needs to go through probate? In short, probate…
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New York Administration Proceedings: What You Need to Know
In the case of someone in New York dying without a will, or intestate, many considerations are deliberated in connection with the appointment of an administrator for the deceased’s estate. Factors such as next of…
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New York Surrogate’s Court Bonds: What You Need to Know
Executors and Administrators in New York Surrogate’s Court are often required to post an estate surety bond in order to be appointed as a fiduciary. Whether a bond is required is usually within the judge’s…
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5 Things You Didn’t Know About Estate Planning
When you think of estates and estate planning, you probably think it’s just something that rich people do to pass their assets onto their children. But did you know that there’s a lot more to…
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