When selecting a personal representative, consider the role’s many responsibilities.
Selecting a personal representative for your estate, also known as an executor, is no easy task. While it’s an honor to be chosen as an executor, it’s also a demanding commitment consisting of more than two dozen responsibilities and liabilities. For instance, an executor can be held personally liable for improperly spending estate or trust assets or for allowing insurance coverage on the assets to lapse.
https://jsingletonfinancial.com/wp-content/uploads/2021/01/Who-Should-You-Choose-to-Execute-Your-Estate.jpg3601110Kiley Perkinshttps://jsingletonfinancial.com/wp-content/uploads/2017/05/JSingletonBlack.pngKiley Perkins2021-02-09 09:20:592021-01-29 09:33:48Who Should You Choose to Execute Your Estate?
Drafting a succession plan now can help your business stand the test of time.
As a business owner, you’ve invested so much into making your business successful – hard work, time, money, energy.
It’s truly hard to imagine your business without you. But chances are there will come a day when someone else will take the reins. And a seamless succession plan, one carefully and thoughtfully devised well in advance, is essential to making sure your business enjoys continued success for generations to come.
https://jsingletonfinancial.com/wp-content/uploads/2021/01/Your-Business-Deserves-an-Estate-Plan.jpg3601110Kiley Perkinshttps://jsingletonfinancial.com/wp-content/uploads/2017/05/JSingletonBlack.pngKiley Perkins2021-02-01 11:30:572021-01-27 07:41:14Your Business Deserves an "Estate Plan"