EXECUTOR 102: WHAT DO I DO NOW?

EXECUTOR 102:  WHAT DO I DO NOW?

By Timothy S. Barkley, Sr. October 2017. Uncle Herman has just died, and you have been duly selected as the Executor of his Last Will and Testament.  Hopefully, you were forewarned.  Congratulations. You must marshal, preserve, and distribute the assets of the Estate in accordance with the terms of the Will and the Law; and treat creditors, beneficiaries, and the taxing authority impartially.  This can be no small feat.   If you are also a...

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YOU HAVE THE POWER

YOU HAVE THE POWER

You Have the Power. June 2017. By Timothy S. Barkley, Sr. The phone rang. The voice was urgent. “My son is away at school and was just in an accident. I called to see how he was and the doctor said that because John is 19, he can’t talk to me without a signed power of attorney or a HIPAA release form. Can you help me?” “Is your son able to sign papers?” “They won’t tell me, and they say he can’t talk on the phone.” “I guess you’ll have to go...

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WHAT ELSE DO I NEED TO DO? LETTERS OF ADMINISTRATION

WHAT ELSE DO I NEED TO DO? LETTERS OF ADMINISTRATION

By Tim Barkley. March 2016. The smartphone on the desk erupted in a coruscant display and intermittent insistent buzzing. The readout said “Mrs. Jones.” “Good afternoon, this is Tim,” intoned the lawyer. “How can I help you, Mrs. Jones?” There was a silence. “Hello, Mrs. Jones, this is Tim. How can I help you?” “Oh, it’s you! I expected to have to leave a message at this time of day.” “You might have, but that’s not your luck today – you’re...

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WHY PROBATE?

WHY PROBATE?

By Tim Barkley. October 2014. “Dad’s will leaves everything to me, but when I showed it to the bank they said I needed letters of something. Why can’t they just give me the money?” “Can’t I just go to the broker and cash in Mom’s account? I’m the Executor under the will! I even showed them my driver’s license and the will, and they said I need to talk to a lawyer.” “I need to pay my brother’s bills, and...

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