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An executor or trustee may be able to live in the decedent’s home, but doing so can raise legal and financial concerns. Whether it is appropriate depends on the will or trust, the interests of beneficiaries, and how the arrangement is handled.
The issue is not just occupancy. It is the overlap between personal benefit and
A power of attorney cannot continue handling your affairs after you pass away. Its authority ends at death. At that point, an executor must step in to manage your estate through the probate process.
This transition often catches families off guard. The person who handled your financial affairs during your lifetime may no longer have the authority to act. Understandi...
Beneficiaries and other interested parties, such as heirs or co-trustees, can usually request an accounting from an executor or trustee in New Jersey. If you have a financial interest in the estate or trust, you are generally entitled to information about how assets are being handled.
Understanding who can ask for this information, and what you should expect to rece...