Common Mistakes Executors Make and How an Estate Administration Lawyer Prevents Them
When someone is named an executor in a will, they’re tasked with a role that comes with considerable responsibilities. Executors handle crucial steps in finalising a loved one’s estate, from settling debts to distributing assets to beneficiaries. But, it may lead to errors that can affect the estate and the people involved.
An estate administration lawyer can play a vital role in guiding executors through this process. They can prevent common mistakes that could lead to unnecessary complications. Below, let’s discuss some of the most frequent pitfalls executors encounter and how having legal support can make all the difference.
Misunderstanding the Full Scope of Executor Duties
One of the most common issues for new executors is underestimating the extent of their responsibilities. Exe...
