Being an executor is not as easy a role as one might assume. An executor has to deal with the loss of a loved one while simultaneously trying to get their will implemented and their estate distributed. The whole process involves a lot of legal leg work and documentation; so, it’s actually quite easy to make mistakes along the way. Seeing as when you become an executor you gain legal authority to finalise a person’s Read More
Your Will & Pension: What You Should Know
The will you make should ideally include details for how you would want all your assets to be settled and distributed amongst all your beneficiaries. People will add the different properties they own, the liquid money and valuables they have, and the money they expect to get to be distributed. Most people would expect that money owed to you from your workplace would also end up in the same assets pile, but that’s Read More
How Does One Become Legally Emancipated?
Legal emancipation is the process of parents or legal guardians relinquishing their rights over a minor child before the time they reach the age of majority, which is 18 in New York. Once a child is emancipated, they are considered an adult, except they cannot vote until they turn 18 nor consume alcohol until they turn 21. The thought of being emancipated from one’s parents can seem appealing to many teenagers. The Read More
