Do You Get the Money Back for a Probate Bond?
If you are the executor of an estate, you may have needed to take out a probate bond to protect the estate assets in case you absconded with them. Since you are an ethical, honest person, the money from the probate bond is refunded at the closing, except for nonrefundable bond ...
Running an Irrevocable Trust
An irrevocable trust is a trust that can't be changed, except by a court order. The person who runs an irrevocable trust is known as a trustee. Trustees have many legal duties to the trust, including ...Read More
Long-Term Investment Gifts for a Baby
Even people with modest incomes consider long-term investments when choosing baby gifts these days. Some types shelter income from taxes while setting aside money specifically for future college ...Read More
How to Value Stock for an Estate
When someone dies, the stocks they owned become property of the estate unless they were placed in a trust. If an estate is opened, the executor, or appointed administrator, of the will must provide ...Read More
How to Create Wealth With Mutual Funds
Many financial experts agree that the road to wealth through investments is a long one. Wealth accumulation is marked by regular contributions toward long-term holdings. Taking advantage of ...Read More
How to Redeem Stocks for Deceased Owners
Unless you are the joint owner of the stock with right of survivorship or the stock was titled as "transfer on death" to you, you will need to be the executor or appointed representative of the the ...Read More
How to Sell Stocks of Deceased Relatives
When a stockholder dies, his family must locate the shares of stock and find a way to liquidate them. The first step is to report the decedent's death to the broker holding his shares of stock. The ...Read More
Revocable Trust vs. Will in Nevada
A last will and testament is a document that sets out what you want done with your assets when you die. By contrast, a revocable trust gives away your assets to someone else during your lifetime, ...Read More