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When creating your will, you must appoint an executor to handle your estate’s affairs during the probate process. This person will be helping you and your loved ones in a number of ways. Are you unsure of the duties that your executor will face during the probate process?
Take a look at some of the information below to learn more. If you have any questions about probate or your executor’s duties, meet with an estate planning – probate attorney.
- Your executor will be responsible for starting the probate process. He or she will need to submit documentation to the probate court in order to start the proceedings.
- Your executor must keep in contact with beneficiaries and alert them of their inheritances. He or she will also have to notify creditors of your death.
- Your executor will need to locate all of your assets. It’s a good idea to provide some instruction to your executor ahead of time. He or she will also have to carefully manage these assets during the process.
- Your executor must attend all court appearances and follow the instructions that are outlined by the probate judge. Your executor will be responsible for continuously reporting to the court.
- Your executor must pay all expenses. This includes past debts as well as estate expenses such as attorney fees and court costs.
- Your executor must file and pay appropriate taxes. He or she may need to get the help of a professional to ensure that the taxes are done correctly.
- Your executor must distribute the assets to beneficiaries. He or she will follow the instructions in the will and will be supervised by the probate court.
When choosing an executor for your estate, it’s important to understand the duties as well as the probate process. You want to make sure that your executor is able to handle all of the duties so that your estate is handled with care.
If you have any questions about choosing an executor or understanding the probate process, consult with a qualified estate planning attorney.
