Personal Liability of an Executor. An executor may be held personally liable for not carrying out their duties or doing so improperly. For example, if the executor fails to pay estate taxes, they can be held personally liable for any resulting interest or penalties owed. Any beneficiary can file a lawsuit against the executor if they mismanage ...
This person is the executor, sometimes referred to as a personal representative or administrator.
An executor is generally the person in charge of administering the will and accepts a number of responsibilities associated with the job.
Typically, a fiduciary prudently takes care of money or other assets for another person. The executor must act in the best interests of the beneficiaries, and if they do not, they risk being held personally liable for their actions or inaction. Fiduciaries are not allowed to benefit at the expense of a beneficiary.
If there is any evidence that the executor did any wrongdoing, such as defrauding the beneficiary, stealing from the estate, intentionally hiding assets, refusing to follow the terms of the will, or failing to maintain records, the court may remove the executor and appoint a new one.
Fiduciaries are not allowed to benefit at the expense of a beneficiary. It may be considered a breach of fiduciary duty if the executor does not accurately disclose the estate assets or fails to carry out the terms of the will.
If, however, you do not obey the LORD your God by carefully following all His commandments and statutes I am giving you today, all these curses will come upon you and overtake you: King James Bible. But it shall come to pass, if thou wilt not hearken unto the voice of the LORD thy God, to observe to do all his commandments ...
So the LORD God said to the serpent: "Because you have done this, cursed are you above all livestock and every beast of the field! On your belly will you go, and dust you will eat, all the days of your life.