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
Will you owe capital gains tax when you sell assets you've inherited? It depends.
When the owner of a payable-on-death account dies, the POD beneficiary can simply claim the money from the bank.
Being a conscientious executor takes a lot of time and effort. Should you get paid for taking on the job? State law typically provides for payment of the executor.
When passing along real estate, the executor must value the property appropriately.
What happens to cash accounts that belonged to the deceased person? It depends on how the accounts were held.
U.S. savings bonds are still popular, and are usually easy to transfer to the beneficiary after the original owner dies.
Sometimes executors are able to wrap up an estate themselves, without hiring a probate lawyer.
A big part of the executor's job is to settle the debts of the estate. Here's an overview on what you'll need to do.
The trustee can terminate a living trust in just a few months. Here's what is involved in the process.
If there's a will, you can't start a probate case until you file it with the court.