Difference between revisions of "Ten Steps to Being an Executor"

Ten Steps to Being an Executor (view source)

209 bytes removed , 04:22, 21 March 2017

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 * distributing what remains of the estate among the people named in the will to receive a share of the estate, known as the '''beneficiaries'''.
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+| text = The executor is a trustee, bound to act for the good of the estate, even though the executor may also be a beneficiary or have a personal interest in the estate assets. The executor must put the interests of the estate before their own personal interests. As a trustee, the executor is accountable to the beneficiaries. For example, as executor, you must keep records and give all beneficiaries a final statement of accounts.
-| image = [[File:Tips_&_Tools_-_DRAFT_-_2017-03-16_v5_web.jpg|link=]]
-| style     = width: {{{width|50%}}}; background:#ffffff; border:1px solid black; right
-| textstyle = font-size:100%
-| text      = <div>The executor is a trustee, bound to act for the good of the estate, even though the executor may also be a beneficiary or have a personal interest in the estate assets. The executor must put the interests of the estate before their own personal interests. As a trustee, the executor is accountable to the beneficiaries. For example, as executor, you must keep records and give all beneficiaries a final statement of accounts.</div>
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