the will, you will be legally liable for it Bahamas Email Lists if there has been fraud or negligence on your part. If there are several executors who have had part in a specific matter, obviously the responsibility for their actions will be joint. In no case, in the will the testator may exonerate the executors he names from Bahamas Email Lists responsibility in the exercise of the commission. The rights of the executor They have the Bahamas Email Lists right to be compensated or compensated for those damages or losses suffered while carrying out their position, provided that Bahamas Email Lists they are not directly responsible for them. They are entitled to reimbursement of expenses inherent to their function, as well as advance
payments if applicable. And to ensure the latter, they Bahamas Email Lists can hold the assets until those amounts are satisfied. Executor terms The position of executor of the will is temporary, the testator can mark a fixed term in the will, in the absence of this indication the term to fulfill the order is one year from Bahamas Email Lists the acceptance of the same, or if the case occurs from the end of the will. litigation that the Bahamas Email Lists will may entail, for example over the validity of the will or any of its provisions. To extend this period, there is the option Bahamas Email Lists for the testator to express it in the will or else the Judge may do so, in the event that he has not indicated the duration of the same or has not
provided it, the term is understood to be Bahamas Email Lists extended by one more year. . Despite this, if due to causes or circumstances of the specific case the order is not fulfilled even with the extension, the Judge may again grant another for the time deemed necessary. In the same way, the legatees Bahamas Email Lists and heirs can agree that the term of the executor be extended for as long as they deem Bahamas Email Lists necessary, that is if the agreement is consensual, but if the agreement is taken by majority, the term may not Bahamas Email Lists be more than one year . If, when granting the extension, all the legatees are not yet known, it will suffice for it to be granted by the heirs.