The Executor's Roadmap: Duties, Timelines, and Common Pitfalls

Executors take on fiduciary duties the moment they accept appointment, and the deadlines that follow don't wait for anyone to catch up. In this live webinar, Frost Law Estate Director Jake Polivka examines the obligations personal representatives owe to beneficiaries and creditors alike: They must put the estate’s interests first, be impartial among the beneficiaries, invest prudently, and keep thorough financial records. Jake lays out the general sequence of probate administration, from appointment through final distribution, using Maryland's process to illustrate each stage. He also identifies the pitfalls that most often expose executors to personal liability, including missed creditor claim deadlines, distributions made before claims are resolved, and recordkeeping gaps that surface later in the process.

Attendees leave with practical strategies for managing estate assets and communicating with beneficiaries, reducing the likelihood of disputes and delay regardless of jurisdiction.

This session is eligible for 1 CPE credit. Program field of study: Business Law. Program level: Basic.

Who should attend: CPAs, accountants, attorneys, trust officers, wealth management fiduciaries, financial advisors, and wealth managers.