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Estate Administration Archives

Glen Campbell's estate administrator requests more authority

California residents may be interested in learning about the current standing of singer Glen Campbell's estate. Facing deadlines, the interim administrator of Campbell's estate is asking the judge to expand his power. This will give him the ability to hire accountants and financial experts in order to accurately estimate how much the Campbell estate is worth.

Duties commonly assigned to an executor

Every will needs an executor. However, the person writing the will should get consent from the individual named as executor prior to signing the document. It could also be beneficial to name an alternate in case the original person is unable to fulfill the duties for some reason. People most commonly choose someone close to them, such as a spouse or adult child, who is likely to follow their directions. An executor of a will has several duties in California probate.

How to make being an executor easier

Being the executor of an estate can be an overwhelming experience. However, California residents can make the experience easier on themselves by being organized. The first steps in the process of settling an estate are to obtain the death certificate and to locate a will or trust if one exists. Multiple copies of a death certificate may be necessary; executors are advised to order twice as many as they anticipate needing.

Handling credit card debt after death

After California residents die, spouses or others who are left behind may wonder if they are responsible for the decedent's credit card debt. In most cases, they are not. However, it is possible that debt collectors or others may try to convince a surviving loved one to pay it.

New administrator recommends suit by Prince estate

Californians who are fans of Prince might be interested in learning about the latest twist in the administration of his estate. Recently, the new special administrator who was appointed by the court to oversee the estate submitted findings that Prince's estate should seek the recoupment of legal fees and costs that the estate paid to its former attorneys in a failed $31 million deal with Universal Music Group.

Dealing with social media when handling an estate

When a California resident passes away, friends and loved ones may not be thinking about deceased's social media accounts. However, these can be a permanent reminder that the deceased once impacted the lives of so many people. In some cases, that person's account may appear on a suggested friend's list or on a timeline unexpectedly. This could trigger bouts of grief or sadness for those who knew the individual.

How executors handle credit card debts

When Californian residents who have a will die and leave credit card debt behind, their executors bear the responsibility of dealing with the creditors. The executor may start by ordering the credit reports of the testator in order to find out what debts are owed.

Children of Bobby Vee fight in court over his estate

Californians who are fans of early pop star Bobby Vee might be interested in learning that the late singer's children are fighting over his estate. Vee famously stepped in to cover for Buddy Holly who was killed in a plane crash and became a star himself as a result. He died from Alzheimer's disease on Oct. 24, 2016.

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