by abban77 » Sat Mar 10, 2012 2:21 pm
I found this at a site where people ask lawyers questions.
"It is worth mentioning that your sister as Executor remains personally liable to any creditors while the estate is unadministered and that she is also obliged to preserve the estate assets, which includes insuring the property. If the house burns down and she has not insured it then she is liable to the beneficiaries for the loss. That liability is personal."