An executor owes duties to the beneficiaries of an estate
The executor of an estate in Texas owes the beneficiaries certain duties as a fiduciary. An executor is essentially the trustee of the estate's property. In general terms, the executor has an obligation to gather and safeguard estate assets, pay legitimate claims from creditors, and distribute the remaining assets according the terms of the will. Along with the general obligations to handle estate assets appropriately, an executor owes the beneficiaries a high duty of good faith, fair dealing, honest performance, and strict accountability. That includes a duty of full disclosure of all material facts known to the executor that might affect the beneficiaries' rights. The countors of the duties depend on the particular circumstances. But an executor would be advised to "tread lightly" before engaging in conduct that gives the appearance of putting his or her interests above the interests of the beneficiaries.