Let’s face it – people are living longer today, but all boaters meet their maker sooner or later. Have you ever considered what happens when you appoint a relative or trusted family friend to manage the administration of your estate as an estate trustee or executor? Very few people that make a will understand the significant obligations they are asking their executor to assume, and even fewer understand the personal risks that accompany acting as an executor for a friend or relative.
The role of executor is a personal engagement that carries a very high level of responsibility to the beneficiaries, creditors, and third parties to the estate of the person that has passed away. They are legally required to perform at a very high level of skill in order to protect the interests of the beneficiaries and creditors of the estate – typically to a much higher standard than most people conduct their own personal affairs. (more…)
 that they respect and trust will carry out their final wishes fairly and to the benefit of the beneficiaries. Although not always successful, most people try to identify someone that … → "Pin It")
 of their … → "Pin It")
