Biggest Mistakes Trustees Can Make in Administering an Estate

A stack of bills with a calculator on topBeing an estate executor is not as simple as it may seem. The job can be full of unexpected responsibilities and conflicting demands from beneficiaries, often with a large value of assets at stake.

Read about the five biggest mistakes that non-professional estate trustees can make.  Unsophisticated executors and trustees can face unlimited liability by taking on a role without the guidance of a lawyer, money manager, or tax professional. Read the full story at Barron’s.

Executors have always had a great deal of responsibility, but the job has arguably become more risky as information becomes more readily available.  For more information on the roles and responsibilities of the executor, download our FREE step by step Executor Guide.

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Executors can be held personally liable for actions they take in estate administration. Talk to one of our Estate Risk Professionals today for your free estate risk analysis.


Downloadable Resources

Want more information on planning, preparing and administering an estate? Download our easy to use reference guides and resources to help you along the way.


  • Executor Liability Insurance - Return the completed application to our office to find out if you are eligible for executor liability insurance.


  • Fiduciary Bonds - Have you been asked to provide a bond for the estate? Download the application and follow the directions to apply for a bond.


  • Free Executor Guide - If you have been asked to be an executor or are acting as an executor this guide will help you understand your responsibilities and help track your activities.


  • Free Will Preparation Guide - A step to step guide to the questions you will need to address when preparing your will.


Learn Mary's Story

Did you know the executor of your estate has unlimited personal liability?

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