What Are the Duties and Responsibilities of an Executor?
An executor plays a crucial role in managing the administration of a deceased individual estate, ensuring most importantly that their final wishes are carried out.
An executor plays a crucial role in managing the administration of a deceased individual estate, ensuring most importantly that their final wishes are carried out.
Distributions from an irrevocable trust can be taxable, but whether they are taxable, to whom and to what extent, depends on several factors, including the
Not all attorneys are notaries, and not all notaries are attorneys. Attorneys and notaries are separate professions with distinct roles and responsibilities. At Bononi &
While it is not legally required to have an attorney when creating a will, it is generally advisable to seek professional legal assistance to ensure
The public accessibility of wills and trusts depends on the jurisdiction and the specific laws governing estate planning in that jurisdiction. In many cases, wills
An irrevocable trust is a legal arrangement where a person transfers irrevocable ownership of assets to a trust, and designates a trustee, to manage those
Pennsylvania does not impose inheritance tax on transfers between spouses. This means that when one spouse passes away and leaves assets to the surviving spouse,
Wills and trusts are both legal documents utilized in estate planning, but they serve different purposes and have distinct characteristics. A will is a legal
The majority of assets owned by a Decedent are subject to Pennsylvania inheritance tax. However, it is important to note that though certain assets are
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