Have you considered executor's insurance?

Have you heard about executor's insurance? It covers not just the loss to an estate caused by mistakes made by executors, but also the legal costs of defending the lawsuit that might otherwise be paid by the estate. If you've been named the executor of an estate, particularly one in which you anticipate a tough time dealing with beneficiaries, you might want to think about this kind of insurance.

Click here to read a really good article that explains  how executor's insurance works, and sets out what is covered and what is not covered.

If any readers have used executor's insurance, let us know how it worked for you.