Estate Administration Archives - RMO Lawyers, LLP
Follow Us:

Estate Administration

digital_footprint_inheritance

Who Will Inherit Your Digital Footprint?

The laws surrounding the question remain surprisingly unclear. By Andrea L. Uresti Barr Have you thought about who will inherit access to your digital footprint, from emails to bank and social media accounts and everything in between, after you pass away?  It’s worth considering, given the laws governing post-death digital assets access remain surprisingly limited and …

Who Will Inherit Your Digital Footprint? Read More »

Estate-Planning-Last-Will-And-Testament

“She’s Laughing Up at Us from Hell:” What Lessons About Estate Planning We Can Take from Taylor Swift’s Anti-Hero

By Scott E. Rahn and Meagan A. Paisley In 2006, Taylor Swift burst onto the music scene with her breakout country single, Tim McGraw. Nearly 20 years, 10 albums, and 51 million record sales later[1], she has become a household name. Taylor Swift is also no stranger to the legal field. From her sexual assault …

“She’s Laughing Up at Us from Hell:” What Lessons About Estate Planning We Can Take from Taylor Swift’s Anti-Hero Read More »

What Is the Fair Market Value of Inherited Property?

Inheriting property can be a complex process, with numerous factors to consider. Before you decide whether to keep, donate, or sell your inherited property, it’s important to understand the fair market value of the asset, which is its estimated worth on the open market. Is Fair Market Value Calculated at the Time of Death? Yes, …

What Is the Fair Market Value of Inherited Property? Read More »

Can You Sell Stock In a Trust After Death?

Whether you can sell stocks in a trust after death generally depends on the specific terms and conditions of the trust and the laws of the jurisdiction in which the trust was established. If the trust agreement allows for the sale of stocks, the trustee can sell the stocks as directed by the trust agreement. …

Can You Sell Stock In a Trust After Death? Read More »

Who Are the Parties In an Estate?

When a person dies, their estate often must go through probate, which is the legal process of distributing their assets. Multiple parties are typically involved in these proceedings, including: Each party has different rights and responsibilities in an estate, and it is important to understand these roles before moving forward with any legal action. Who …

Who Are the Parties In an Estate? Read More »

What Is Probate Code Section 733.814?

Florida Probate Code Section 733.814 allows the personal representative or a beneficiary of an estate to initiate a “partition action” to split property between beneficiaries. It reads as follows: “When two or more beneficiaries are entitled to distribution of undivided interests in any property, the personal representative or any beneficiary may petition the court before …

What Is Probate Code Section 733.814? Read More »

What Is Considered Property for Someone Who Died?

When someone dies, their property must be passed on to their heirs and beneficiaries. Everything that a person owns individually will be considered their property upon their death. This includes personal property such as cash, stocks, vehicles, clothes, furniture, and jewelry, as well as real property such as land and buildings.  Some assets will be …

What Is Considered Property for Someone Who Died? Read More »

Does an Executor Have to Show Accountings to Beneficiaries?

In Texas, while an executor of an estate does have to file an inventory, appraisement, and list of claims with the probate court, they are not necessarily required to show accountings to beneficiaries. A personal representative must file an inventory of the estate assets within 90 days of qualification. After that, in a dependent administration, …

Does an Executor Have to Show Accountings to Beneficiaries? Read More »