Can an Executor Be Personally Liable for Losses to the Estate?
Executors can be personally liable for estate losses through negligence or devastavit. Understand when mismanagement crosses the line and how to protect yourself.
55 articles · page 1 of 5
Executors can be personally liable for estate losses through negligence or devastavit. Understand when mismanagement crosses the line and how to protect yourself.
What happens when a deceased estate has more debts than assets? Learn how insolvent estates work, who gets paid first, and what executors, beneficiaries and creditors need to do.
Court applications to remove executors require evidence of unfitness, serious delay, or misconduct. Learn when removal is justified and what evidence you need.
Understand the real cost of shareholder disputes in Australia, who bears those costs, and when directors face personal liability. Practical guide for business owners.
What can you do if the executor is living in the estate property rent free? Learn about occupation rent, your rights as a beneficiary, and practical steps to protect the estate.
Super death benefit tax disputes arise when trustees, tax law, and estate documents point in different directions. Understand who pays tax, who qualifies as a dependant, and what to do if the treatment looks wrong.
When the ATO challenges your CGT treatment of inherited assets, the issue is usually evidence, not interpretation. Here's what to expect and how to respond strategically.
Understand the difference between GIC and SIC on ATO tax debts, how they affect your business cash flow, and what you can do to manage or reduce these charges.
When estates involve businesses, trusts, or significant assets, tax and inheritance disputes often collide. Here's how to manage both without making either worse.
Settling a family provision claim? Understand the CGT, stamp duty and Division 7A consequences before you sign. Practical guidance on tax implications for beneficiaries and executors.
You distribute income from your family trust each year. You follow a strategy that’s worked
You open the email from the ATO. There’s an amended assessment. A Division 7A deemed