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Executor, Trustees and Probate

2/16/2009
David M. Frees, III
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Mistake Number Two: Making Early Distributions Without Protecting Yourself

One mistake Executors make is that they make early distributions of an Estate or Trust before they protect themselves. An Executor is held liable for that Estate or Trust. If you are an Executor and you distribute without realizing it could be subject to probate, taxes, and other expenses you are liable to retrieve the money and pay the responsible parties. To solve the problem make sure you meticulously go through the process, pay creditors, and anyone else asserting a claim.
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David M. Frees III Esq.

610-933-8069

For up to the minute news about estate, asset, and wealth protection planning
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Phoenixville
120 Gay St.
Phoenixville, PA 19460
Phone: (610) 933-8069
Fax: (610) 240-9323

Regular Business Hours

Malvern
116 E. King St.
Malvern, PA 19355
Phone: (610) 240-0750
Fax: 610-240-9323

By Appointment

West Chester
17 W. Gay St.
P.O. Box 515
West Chester, PA 19381
Phone: (610) 933-8069
Fax: 610-240-9323

See David by Appointment call 610-933-8069 For David Frees

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