The Role of an Executor in Estate Administration
An executor plays a vital role in managing an estate after someone passes away. This individual is appointed by the deceased through their will and is responsible for ensuring that the terms of the will are carried out according to legal requirements.
WILLS AND ESTATES
Ki
10/26/20241 min read
An executor plays a vital role in managing an estate after someone passes away. This individual is appointed by the deceased through their will and is responsible for ensuring that the terms of the will are carried out according to legal requirements.
Key responsibilities of an executor include:
Locating and securing all assets of the estate.
Paying off any debts or taxes owed by the deceased.
Distributing assets according to the instructions laid out in the will.
Communicating with beneficiaries throughout the process.
Being an executor can be both rewarding and challenging; it often requires time and attention to detail. Executors should seek legal advice if they encounter complexities during estate administration or if disputes arise among beneficiaries.
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