Being asked to take on the responsibility of being someone’s attorney can be both a stamp of one’s value and quite possibly, a burden. Having LPA duties is not something that should be entered or carried out half heartedly. You should think carefully about whether you are willing, able and committed to making the appropriate decisions as and when they arise.
Read MoreExecutors must be able to account for every penny of the estate they are administering as they have a fiduciary duty to the creditors and beneficiaries. They must record every financial transaction during the administration period, essentially probate. So, the following case highlights the risks executors face if they ignore their duties and particularly, when they act in a criminal manner.
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