When it comes to handling your loved one’s estate, the executor has a series of important duties and responsibilities. If you suspect an executor is mishandling their responsibilities or mismanaging ...

The facts of Estate Spenlinhauer v Commissioner (U.S. Tax Court, Dec. 30, 2025) read like an instruction manual on how to improperly file an estate tax return. Unsurprisingly, the U.S. Tax Court held ...

Many states don’t set a deadline for executors to pay beneficiaries, but other deadlines can affect the timeline. Many, or all, of the products featured on this page are from our advertising partners ...

Update: In this notice, the IRS has extended the March 31, 2016 deadline to June 30, 2016. Imagine getting an IRS form listing $10 million worth of property that was your late great uncle’s. At the ...

Prior to the distribution of an estate by an executor to its beneficiaries, an executor must prepare an accounting which outlines the assets of an estate, its liabilities, and the expenses paid by an ...

On September 13, 2011, the IRS released Notice 2011-76, which gives executors of estates of 2010 decedents more time to make an informed decision about whether to stay in the default estate tax regime ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Lea Uradu, J.D., is a Maryland state registered tax ...