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Real estate is often titled this way between unmarried owners,but other types of assets can be titled this way as well,including bank accounts,investment accounts,stocks,bonds,and vehicles The Law Firm of Steven F.Bliss Esq.Estate Planning Attorney Record keeping is also a lot easier,since there’s no need to keep personal funds separate from the estate’s funds and there are also no tax issues regarding who owns the income generated by the account.
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Personal Representative/Executor: This person will take care of your Estate according to the directives you have actually written in your Last Will and Testament.
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It won’t require a probate court proceeding to pass to a new owner An executor is someone who is named in the will as responsible for dealing with the estate The Law Firm of Steven F.Bliss Esq.With a wide range of responsibilities including debt payments property cataloging income gathering and much more Steve Bliss is able to guide assist and advise through the entire process.
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