Executors are not personally liable for unpaid debts or lender losses. Costs are paid from the estate or prioritized by law.
'There's no trust in place, but there is a will' "How long does it take for an executor to be able to access the account and pay the debts of the deceased?" (Photo subject is a model.) Dear Quentin, ...
It's difficult enough to lose a parent — but what do you do if a sibling isn't suited to be the executor?
Losing a loved one is never easy — and if you’ve been named executor of their will, you’re also stepping into a big responsibility. An executor is the person legally appointed to settle the deceased’s ...