Managing an estate is complex, and simple errors by executors can lead to costly legal consequences. Hadayeva Sviatlana/ShutterstockBeing named an executor of someone’s estate is a serious responsibility. Executors are responsible for locating the will, determining whether probate is necessary, and notifying banks, credit...

A joint account isn’t the only way to get help managing your money. fizkes/ShutterstockIf you’ve lost your spouse or are living alone, adding an adult child to your bank account may seem like a good idea. The theory is that they can more easily...