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Executor Guide: Everything You Need to Know

Kenzaburō Ōe

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Published in Executor S Guide The: Settling A Loved One S Estate Or Trust

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An executor is a person who is appointed by the court to administer the estate of a deceased person. The executor's duties include:

Probating the will
Collecting the deceased person's assets
Paying the deceased person's debts
Distributing the deceased person's assets to the beneficiaries

Anyone who is 18 years of age or older and of sound mind can be an executor. However, the deceased person may have指定的某人担任执行人。如果没有指定执行人，或者指定的人不合格或不愿意担任，法院将任命执行人。

The executor's duties are set forth in the will. However, there are some general duties that all executors must perform, including:

Executor's Guide, The: Settling a Loved One's Estate or Trust

by Mary Randolph

4.6 out of 5

Language	:	English
File size	:	9921 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	529 pages

Probate the will. The executor must file the will with the court and have it probated. Probate is the process of proving that the will is valid and that the executor is authorized to administer the estate.
Collect the deceased person's assets. The executor must collect all of the deceased person's assets, including real estate, personal property, and financial assets.
Pay the deceased person's debts. The executor must pay all of the deceased person's debts, including funeral expenses, medical bills, and credit card bills.
Distribute the deceased person's assets to the beneficiaries. The executor must distribute the deceased person's assets to the beneficiaries according to the instructions in the will.

Being an executor is a big responsibility. However, there are some things you can do to make the job easier, including:

Stay organized. Keep all of the estate's documents in one place and track all of the estate's assets and debts.
Communicate with the beneficiaries. Keep the beneficiaries informed of the progress of the estate administration. Answer their questions and respond to their concerns.
Get professional help. If you need help with any aspect of estate administration, don't hesitate to get professional help from an attorney or accountant.

Being an executor is a challenging but rewarding experience. By following the tips in this guide, you can help ensure that the estate administration process goes smoothly and that the deceased person's wishes are carried out.

Executor's Guide, The: Settling a Loved One's Estate or Trust

by Mary Randolph

4.6 out of 5