How Executors Avoid Personal Liability
Most of us act as executors only once in a lifetime, and for many, that is more than enough. The job is tough, and it's easy to get things wrong. It's not well known that executors can be held personally liable for any losses they cause to an estate and end up paying for those mistakes out of their own money. This can happen even to the most honest and well-intentioned executor.This book describes an executor's role in various situations. It talks about the mistakes that executors often make, and show what to do instead. It's full of straightforward, common-sense information and tips based on Lynne's many years of working with executors. It will help any executor stay out of trouble.