Estate management isn’t just about playing it safe – it’s about acting prudently.

Estate Litigation partner James Steele shares key insights in the Globe and Mail on the risks executors face when large estate proceeds sit idle in bank accounts. In complex estates, especially where millions are involved, failing to invest estate assets wisely could expose executors to liability.

As James explains, executors need to balance caution with strategy – and ensure beneficiaries are kept informed of the plan. Transparent communication, oversight, and professional guidance are essential.

Read more about best practices for executors and the legal implications of poor investment decisions here.