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How Executors Avoid Personal Liability: A handbook for executors and beneficiaries (Legal Series), by Lynne Butler
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Popular author and Senior Wills and Estate Planner Lynne Butler offers her latest in an ongoing series of estate planning advice. In this title, Ms. Butler tackles the rarely discussed personal liability of appointed executors. Personal liability is the biggest risk that estate executors and administrators can face, sometimes resulting in long drawn out dissolution of estates that can even trump the value of the initial estate. Understanding how to avoid the pitfalls through this process means that you can enjoy the benefits of being a benefactor exactly as intended in the will. Beneficiaries will also find this book useful, when they want to understand better what an executor can and cannot do.
- Sales Rank: #2895540 in eBooks
- Published on: 2015-03-15
- Released on: 2015-03-15
- Format: Kindle eBook
Most helpful customer reviews
0 of 0 people found the following review helpful.
If you are named as an executor, you MUST read THIS!
By J.J. Brand
The author writes clearly and concisely. There was not a lot of fluff. And there were a good many "killer" issues that I had no inkling about when I started. I feel a LOT more informed now. The process of being an executor in a will is not the "cakewalk" that I had assumed. I will be a LOT more careful now about how I answer when an elderly friend asks me to be an executor. While I appreciate the fact that the person feels I am trustworthy, I am much more reluctant to assume the liabilities involved.... especially if there are "issues" within the family.
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