Estate Plans Need To Change Over Time

• December 11, 2019

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• Posted by

  Marvin Silver |
• Estate Administration Estate Planning Trust Administration Trustees

Financial Institution Offers Art Classes for Heirs of Clients

• July 28, 2015

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• Posted by

  CHWM |
• Estate Administration

When wealth changes hands through the estate process, banks and other financial institutions can lose out on commissions and interest earned from wealthy clients over the years. The loss happens for banks when heirs either decide to move funds to a different institution or mismanage funds to the point that accounts are no longer profitable.

Reverse Mortgages Can Impact Estates

• July 11, 2015

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• Posted by

  CHWM |
• Estate Administration

During estate administration, the executor of the estate must resolve any debts or taxes due before dispersing assets among heirs. When someone takes a reverse mortgage out on a home, they could be setting heirs up to foot the bill.