Legal Question in Wills and Trusts in California
executor
Can an executor be a beneficiary
Asked on 3/14/07, 4:35 pm
2 Answers from Attorneys
Re: executor
Depending on the circumstances.
However, if there are other beneficiaries you may put the executor in a bad position as the executor acts as a fiduciary and must not act to their own benefit to the exclusion of other beneficiaries.
I recommend that you sit down with an attorney to discuss your options if this is in the estate planning stage. If already "in play" you should likewise sit down with an attorney as soon as possible to discuss options. You may have a very limited time in which to act.
Answered on 3/14/07, 4:41 pm
Chris Johnson
Christopher B. Johnson, Attorney at Law
Re: executor
Yes.
Answered on 3/14/07, 4:47 pm