#53 – Executor liability – a modern day nightmare

In this podcast, the View Legal team explore the following topic ‘Executor liability – a modern day nightmare’ which was held on 22 October 2020.

This podcast is a take out of that session. For access to more webinars and resources join one (or all) of the View Communities.

During this extract of the webinar, you will learn about the increasing complexity of estates and particularly trust structures used create unavoidable risks for executors, trustees and their advisers.

The number of areas where executors and trustees can be personally liable is significant – and arguably growing.

This webinar explores the key areas of potential exposure and the steps that can be taken, including:

  • structures that create the biggest liability risk
  • liability for tax debts and the approach of the Tax Office
  • planning opportunities to manage risk
  • overlay of bankruptcy rules
  • impact of offshore assets and beneficiaries

For access to more webinars and resources join one (or all) of the View Communities.

Reminder to View Community members – join us in the FaceBook group for a deeper conversation about this topic and how you can leverage your learnings for your customers.

Not a member? Learn about View’s online mastermind communities below to see which one (or three) suits the needs of you and your business.

Techniview - For advisers working in holistic estate planning (including trusts, asset protection, superannuation, tax and business succession)

Adviewser - For advisers wanting to facilitate legal solutions for their clients in holistic Estate Planning

Viewruption - For professional service providers wanting to iterate their business model (including abandoning timesheets)

Some of the resources that View Legal has on offer that may be of assistance include:

  1. View apps
  2. Weekly View blog
  3. Published View books

Related articles:

PODCAST #17 – Enduring Powers of Attorney and Guardianship – Everything you need to know

BLOG A 101 tip in relation to executors

Listen to View’s previous episode here.



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