Executors have a general duty to administer the deceased's estate and to distribute the estate to the beneficiaries named under the deceased’s Last Will and Testament or, in the absence of a Last Will, to the deceased’s heirs in accordance with state intestacy laws. In carrying out this duty, an Executor is obliged to act promptly and in the best interests of both the estate and the deceased's beneficiaries or, as the case may be, heirs.
An Executor will also have a number of other duties. Typical Executor duties include the following:
- funeral expenses;
- costs and expenses associated with the administration of the estate;
- federal debts and taxes owed by the estate;
- medical expenses associated with the final illness of the deceased;
- state debts and taxes owed by the estate; and
- all other claims.
For more information on executor duties, read some of the other articles on executors, executor duties and probate on this website.
How To Probate An Estate - A Step-By-Step Guide for Executors
This book is essential reading for anyone contemplating acting as an executor of someone’s estate! Learn about the various stages of probate and what an executor needs to do at each stage to successfully navigate his way through to closing the estate and distributing the deceased’s assets.
Published December 2010
Amazon Price: $24..95