Being chosen as an estate trustee can feel like an honour. It is also a demanding legal role, with personal exposure if it goes wrong.
An estate trustee, the modern term for an executor, must locate and value assets, pay debts and taxes, account to the beneficiaries, and distribute the estate according to the will and the law. It is a fiduciary role, held to a high standard.
An estate trustee who distributes the estate before debts and taxes are settled, or who overlooks a claim such as a dependant's support claim, can be held personally responsible. Family tension, missing records and assets in more than one country all multiply the difficulty.
An estate trustee is entitled to retain professionals to help administer the estate. For anything beyond the simplest estate, and certainly for cross-border assets, that support is well worth having.
Immigration, family, corporate or cross-border. We will tell you honestly what can be done, and what cannot.
Book a Consultation被选为遗嘱执行人,像是一种荣誉。它同时是一个要求很高的法律角色,若出错,还有个人责任。
遗嘱执行人(estate trustee,“executor”的现代用语)须查找并评估资产、清偿债务与税款、向受益人作出交代(account),并依遗嘱与法律分配遗产。这是一个“受信(fiduciary)”角色,受很高标准约束。
在债务与税款了结之前就分配遗产、或忽略了某项主张(如受养人抚养主张)的执行人,可能被个人追责。家庭矛盾、记录缺失、以及分布在多个国家的资产,都会成倍加大难度。
遗嘱执行人有权聘请专业人士协助管理遗产。对于任何比最简单情形更复杂的遗产,尤其是跨境资产,这种支持非常值得拥有。