Estate planning 2022

Taking on an Executorship - ethics, conflicts and other complications

Source: National

Published Date: 1 Sep 2022

 

This presentation covers:

  • The risks in acting as executor of a deceased estate, including when an executor may become personally liable for the debts of the estate
  • How executors may mitigate these risks and safeguard their interests
  • The tax implications of executor commissions
  • How to navigate potential conflicts of interest
  • The duties of advisors when providing advice to an executor
  • Can the executor always get their costs paid from the estate?
  • What happens when it all gets too hard - can an executor cease to act?

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The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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Estate planning 2022

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