https://carternotary.com/wp-content/uploads/2020/09/logo.svg 0 0 Luke Scanlon https://carternotary.com/wp-content/uploads/2020/09/logo.svg Luke Scanlon2018-01-31 17:34:432021-08-17 14:17:49Will Wednesday: What is the executor’s legal duty?
Will Wednesday: What is the executor’s legal duty?
Q. What is the executor’s legal duty?
A. The executor has a fiduciary duty to the parties to the estate. A fiduciary duty is a much higher standard of care and performance than is typically required in a non-fiduciary role, because it involves the management and distribution of money belonging to other parties. The required standard of care is often much higher than a person might generally exercise in respect of their own personal business.
Leave a ReplyWant to join the discussion?
Feel free to contribute!