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What are the responsibilities as executor of a will?

In: Estates, Probate [Edit categories]

Answer:

The first is to value the estate and inventory all the assets. The next is to identify all of the creditors. Then provide a plan to the court as to how the debts will be settled. They also have to file the tax returns for the estate. If there is anything left over, they are responsible for distributing it to the beneficiaries.

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Aggie80

First answer by Aggie80. Last edit by Aggie80. Contributor trust: 4979 [recommend contributor ]. Question popularity: 1 [recommend question].

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