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Kiplinger
Kiplinger
Business
Brian Skrobonja, Chartered Financial Consultant (ChFC®)

YOU WONT BELIEVE: Eight steps to take when settling an estate as the executor | Mind Blowing Facts

A woman works on her laptop and with a calculator while her husband and baby play in the background.

The loss of a loved one can be an overwhelming experience, and to make matters worse, there are important decisions to be made despite the grief. Having a clearly defined process in place for managing an estate can help avoid the emotional drain of making important decisions. Of course, it is completely natural for emotions to run high when a loved one passes and to have some confusion around what to do and when to do it.

As an executor of an estate, it is all too common to have well-intentioned friends and family members who want to support and care for you offer their opinions and advice. While this can be helpful at times, the downside of acting on this information without a well-thought-out plan can potentially lead to problems and regrets after everything is said and done.

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