Mary Randolph earned her law degree from the UC Berkeley School of Law. She is the author of The Executor's Guide: Settling a Loved One's Estate or Trust, 8 Ways to Avoid Probate, and other books about law for nonlawyers. She has been a guest on The Today Show and has been interviewed by many publications, including the Wall Street Journal, the Los Angeles Times, the San Francisco Chronicle, and more.
Articles By Mary Randolph
If you're wrapping up an estate and can't find a will—or the will you've got isn't valid—state law steps in.
The trustee can terminate a living trust in just a few months. Here's what is involved in the process.
An overview of all the tax returns the executor might need to file on behalf of the deceased person or the estate.
Here's a roadmap of the common steps involved in the probate process.
If you're administering a living trust, first you need to find out what property was actually held in the trust.
Executors might be pleasantly surprised to find that they won't need to conduct a whole probate court proceeding.
To collect the deceased person's cash assets and to have a way to pay the bills, you'll need a bank account for estate funds. Here's how it works.
The word “children” in a will might seem simple, but it can get complicated due to circumstances like adoptions, stepparent relationships, and timing.
Special needs trusts can make sure a beneficiary with a disability can inherit from family while staying eligible for important government benefits.
If you are named as a POD beneficiary on the account, or if you're managing the estate in a probate proceeding, closing the checking account and getting the funds should be fairly easy.