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What are a few items I should NOT do if I am named as an executor or personal representative of an estate?

April 26, 2017Estate executor items named representative

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What are a few items I should NOT do if I am named as an executor or personal representative of an estate?

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1. Do not try to do it all on your own. There is personal liability attached to errors made as executor or personal representative which create any damage or monetary loss to the estate. Never be afraid to ask your attorney for advice and guidance. 2. Never treat estate property as your own, even if you are an heir or relative. Always keep the property separate from your own property, and commingling the property can lead to a criminal offense. 3. Do not spend any funds from the estate without first consulting with your attorney for guidance. 4. Do not delay in reporting actions or items to the Court. 5. Follow your attorney’s directions on signing papers and filing them with the court. The court can relieve you of your duties as fiduciary if your actions cause unnecessary delays.