family members might not know all the risks.
by anthony glomski and russ alan prince
your $5-million high-net-worth practice
being named executor of an estate places many legal and fiduciary responsibilities on that person. an executor is entrusted with settling the decedent’s affairs, arranging for the payment of any income and estate taxes, and distributing the assets of the decedent’s estate.
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in most cases, people choose a loved one or family member to serve as executor.
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