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Tag: will

  • Glossary

executor/executrix

  • Posted on October 24, 2019July 26, 2022
  • by BrightDime

An executor or executrix is the named individual (male/female) that is in charge of following the deceased’s wishes as expressed in the will. Their responsibilities can include managing assets, gathering…

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  • Glossary

legal guardian

  • Posted on October 24, 2019July 26, 2022
  • by BrightDime

A legal guardian is a person appointed by a court to care for and manage the assets/property of a person who is not of legal age (the “ward”) or deemed…

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  • Glossary

probate

  • Posted on October 24, 2019July 26, 2022
  • by BrightDime

Probate is the process of administering a deceased person’s estate (their money, real estate, assets and possessions) and distributing the remainder after all debts and taxes are paid. If there…

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  • Uncategorized

Organize Your Financial Life: Safe Keeping for Important Documents

  • Posted on January 24, 2019July 26, 2022
  • by BrightDime

We all have that pile of “important” documents that we’re not sure if we should keep or toss. Or maybe you get most things electronically now and have been saving…

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  • Glossary

last will and testament

  • Posted on January 24, 2019July 26, 2022
  • by BrightDime

A Will (sometimes referred to as Last Will and Testament) is an expression of your final wishes, and how you want your personal property and financial assets to be distributed.…

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