by Zachary Reams | Jun 11, 2020 | Probate and Estate Articles
The question of reasonable compensation for a trustee or fiduciary often comes up. There is no black and white rule regarding reasonable compensation. Reasonable compensation means it depends–it depends on the surrounding circumstances of the administration. And...
by Zachary Reams | Jan 2, 2019 | Probate and Estate Articles
Administering an estate or trust? Were taxes filed before the person died? How would you know? The IRS allows access to previously filed returns with authority. An unpaid income tax bill is common. Hopefully, there is a recorded lien to alert you. But some go...
by Zachary Reams | Sep 27, 2018 | Probate and Estate Articles, Sales and Auctions
Auctioning off a property is quick. It gets the property sold. However, it comes at a cost. When real estate in an estate or trust sits on the market for too long, the heirs may start to get impatient. Even if you listed the property for market value, you may not get...
by Zachary Reams | Mar 9, 2018 | Probate and Estate Articles
Nobody likes to think about their estate plan, because it makes you think about death or disability. It is an uneasy feeling–to brainstorm scenarios of plane crashes or nursing homes. To avoid that, we shelve estate planning for a later date....
by Zachary Reams | Apr 20, 2016 | Probate and Estate Articles
If you are the executor or the personal representative of an estate, chances are you received a claim in the mail for the decedent. Most likely, it is an unpaid credit card bill. That bill has now been forwarded to collections and they are asking you, the next of kin,...
