There are no guarantees that something cannot go wrong during the estate settlement and that the executor may be held responsible. The risks associated with the role of an executor are substantially reduced if the executor recognizes their fiduciary responsibility and conducts the estate settlement using the principles of good governance. If an executor feels incapable of acting, they may choose to resign by “renouncing” their role.
Executor Liability
Written by Maddie
Updated over a week ago