Self-Counsel Press How Executors Avoid Personal Liability [Digital Download]

Executors (those named in a will to deal with an estate) or administrators (not named in a will but have the legally granted right to deal with the estate) have a lot of responsibilities. They need to follow the deceased’s wishes if they are known, close out accounts, pay bills, and deal with distributing the estate to beneficiaries who, during difficult times, may not always be cooperative. Rarely discussed but highly important, personal liability is the biggest risk faced by an executor or administrator dealing with an estate; it can result in long, drawn-out court battles or bills that can potentially trump the estate’s value and cost the executor personally. Avoid these common mistakes to reduce your personal liability. Understanding the most common pitfalls means less frustration for executors or administrators and beneficiaries, who likely all want the estate to wrap up with the least amount of hassle and heartache.

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• EPUB file
• 1.24 MB
• This eBook is in the EPUB 2.1 format and will work with any reading device (including iPad, Kobo, Nook, and Sony ereaders) or desktop software which supports this format or earlier versions. This includes Apple, Sony, Kobo, B&N, Android, Google Play Books, and Adobe Digital Editions ereaders. IT IS NOT COMPATIBLE WITH THE AMAZON KINDLE (MOBI/AZW) format
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