Tuesday, April 14, 2009

Executors become the one to blame in economic hard times

From the Ottawa Business Journal
Estate Executors: The New Sacrificial Lamb
Mon, Apr 13, 2009 12:00 AM EST

A foreseeable consequence of the market's fall is that individuals are paying closer attention to all sources of income these days. Investments and job security are obvious places to focus one's attention, but I've noticed another trend recently: greater scrutiny of estate executors, and their decisions, during the administration of an estate. . . . Executors would be wise to protect themselves during these hard times lest they become the sacrificial lamb, otherwise known as "The One to Blame".

The article goes on to detail the what executors must do to stay out of trouble.

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