Filing Final Tax Returns for the Deceased

A big thank you to Rita Gibson, Insurance & Investment Services (ritagibson.com) for the following excellent information: When a family member passes away, there are many decisions that need to be made and many emotions to handle. The last thing anyone thinks about is taxes. Unfortunately, even the deceased can’t escape taxation. If the departed…

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Acting as an Executor – What’s Involved?

An executor is the person designated in a Will as the individual who is responsible for performing a number of tasks necessary to wind down the decedent’s affairs. Generally, the executor’s responsibilities involve taking charge of the deceased person’s assets, notifying beneficiaries and creditors, paying the estate’s debts and distributing the property to the beneficiaries.…

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