Thursday, February 14, 2013
Forbes offers a basic explanation of an executor's role as a starting point for anyone who has been named an executor. An executor or personal representative is charged with carrying out the wishes of the deceased person. Typically, an executor offers the will for probate, protects the assets of the estate, distributes property to beneficiaries and pays the debts and taxes of the estate. In all duties, it is important for an executor to pay close attention to detail and engage in a careful, deliberative process. Forbes also suggests that an executor consult a knowledgable estate planning attorney with any concerns.
See Bernard A. Krooks, Understanding the Role and Responsibilities of an Executor, Forbes, Feb. 14, 2013.