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Difference between revisions of "Ten Steps to Being an Executor"
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Ten Steps to Being an Executor (view source)
Revision as of 21:25, 12 February 2016
, 21:25, 12 February 2016no edit summary
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=== What can I do to protect myself from liability? === | === What can I do to protect myself from liability? === | ||
[[File:beinganexecutor-contents4.png|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.shutterstock.com</span>]] | |||
As the executor, you could be personally liable if you don’t pay the deceased’s debts, including any taxes owed, before you distribute the estate. | As the executor, you could be personally liable if you don’t pay the deceased’s debts, including any taxes owed, before you distribute the estate. | ||
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== Step 9: Account to the Beneficiaries == | == Step 9: Account to the Beneficiaries == | ||
[[File:beinganexecutor-contents5.png|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.flickr.com</span>]] | |||
Before you distribute the estate among the beneficiaries, you must give them an accounting of your administration of the estate and they must agree with it. | Before you distribute the estate among the beneficiaries, you must give them an accounting of your administration of the estate and they must agree with it. | ||