Tag Archives: role of an executor
If you have been named as the executor of your loved one’s estate, you will likely be faced with challenges. Managing the affairs of a recently deceased loved one can be overwhelming. Here are a few things you can do to make your job a little easier so you can perform your role as executor […]
It’s certainly an honor and a privilege to be appointed as the Executor of someone’s will, but it is also a big responsibility and can be a lot of work. Taking on the role of executor means that you will need to be organized, pay attention to detail and most importantly, you must have the […]
For many individuals, preparing the details of an estate plan is a complex and challenging process. Once decisions have been made and documents drafted, it is time to decide who is best suited to handle the estate administration duties. This individual, the executor, will have the responsibility of carrying out the provisions set forth in […]
If you have been appointed as the executor (female — executrix) of someone’s will and you choose to accept the appointment, you act as their personal representative in carrying out the instructions set out in the will. You have a fiduciary duty to act honestly and in good faith when administering the estate. Following are […]
Selecting the executor of your estate is a very important part of estate planning. Your executor is the person who will manage your estate’s affairs, represent your estate and distribute your assets. Selecting the right person for this job will ensure that your heirs receive their inheritances in a timely and accurate manner. Choosing the wrong person as your executor could potentially result in extensive delays and even legal battles.