Accountable To Beneficiaries: Personal Representatives
The probate courts appoint personal representatives to settle the affairs of the deceased when there is no will. A personal representative takes control of the assets (aka estate) of the deceased and distributes them to…
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Time for a Conservator?
Taking care of loved ones or friends is a tremendous responsibility. Legal advisors point out that in some circumstances, conservatorships can be the right solution for protecting the finances and legal affairs of someone…
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Let’s Talk About It: Estate Planning
If we become incapacitated, and when we ultimately die, there is so much our families will need to know and do—while grieving. Putting an estate plan in place and communicating about it while we…
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How Do Courts Appoint Administrators?
Typically, when a will is created, an executor is appointed to oversee the affairs of the deceased. If there is no will—or if the designated executor cannot fulfill the duties when the time comes—an administrator…
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Court & Fiduciary Bonds Online, Instantly | The Partnership Account® for Attorneys
WOODCLIFF LAKE, NJ, March 2, 2021 Colonial Surety Company is excited to launch the newest addition in a growing portfolio of digital, direct-to-customer, bond, and insurance products. As an insurtech innovator, Colonial is advancing a…
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Choosing a Personal Representative: Time to Buck Tradition?
Traditionally, the oldest child is tapped as the personal representative for the estate of aging parents. Is that always best? Sometimes Traditions Get In Our Way 2020 continues to be a year of learning that…
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When There Is No Will, Probate Court Steps In
The number of Americans who do not have wills (or similar documents) has increased. Generally, when a loved dies without a will, a probate court appoints an administrator and determines the heirs. Here’s what…
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A Complete Guide to the Texas Probate Process
A person’s estate is composed of all items they owned at the time of their death. This includes life insurance policies, cash, real estate, retirement accounts, personal property, stocks and bonds. In the Lone Star…
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Texas Probate Surety Bonds
County courts in Texas require probate surety bonds when the court appoints someone to handle a deceased person’s estate or often when a will names someone as an estate executor. These bonds are required to…
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