How an Executor Guides Your Estate Through Probate
An executor or personal representative is the person who is responsible for carrying out the terms of a will and administering the estate of a deceased person. They are appointed by the probate court, which is a specialized court that handles matters related to wills, estates, and trusts.
What does an executor or personal representative do?
The duties of an executor or personal representative include:
- Locating and inventorying the assets of the estate Paying off the debts of the deceased person Distributing the assets of the estate to the beneficiaries
- The executor or personal representative is also responsible for ensuring that the estate is administered in accordance with the terms of the will and the law. This may include filing tax returns, paying estate taxes, and defending any lawsuits against the estate.
If you are named as the executor of an estate, it is important to understand your duties and responsibilities. You may want to consult with an attorney to help you carry out your duties.
This information is for general guidance only and should not be considered legal advice. Contact us today to discuss your specific situation.