Managing the affairs of someone who has passed away is a sensitive and often complex task. Two key terms often encountered in this process are Estate Executor and Letters of Administration. While these terms may appear similar, they represent distinct roles and procedures. Understanding these differences is critical for estate professionals, administrators, and beneficiaries. It can help everyone involved navigate the often confusing landscape of estate law. What is an Estate

Probate valuation is a vital part of estate planning, yet it is frequently overlooked. When someone passes away, assessing their estate’s value is necessary for legal and financial reasons. This process, known as probate valuation, ensures fair distribution among heirs and accurate calculation of any taxes due. In this post, we will discuss why probate valuation matters, the steps in the process, and its effects on estate planning. What is Probate Valuation? Probate valuation

Valuing an estate after losing a loved one is often difficult and emotional. Executors and administrators face many challenges in...