RECOGNIZE YOUR ROLE The executor of an estate must understand that he/she is a fiduciary. “This means that they have a duty to act in good faith and trust for the benefit of the beneficiaries of ...

Consider the following criteria as you get ready to be an executor of an estate. What Is an Executor? An executor is the individual who helps to finalize the finances and assets for a deceased person.

An executor is an individual – typically a lawyer, accountant or family member – responsible for ensuring that the deceased’s last will and testament is carried out.

1. Get A Copy Of The Will When someone passes away, one of the first things you need to do as an executor is to get your hands on the will. This document is your roadmap, laying out the deceased ...

It should go without saying that navigating an inheritance among family can be one of the most stressful things in the world.

The executor pays the decedent's debts and distributes his or her assets under the terms of the will.

If you’re thinking about co-executors, you’ll want to consider how well they get along, if they live close together and if they’re equally competent and communicative.

When it comes to making a will, you need to appoint an executor. Find out how to get a friend or family member to help and cut down on costs Basically any family or friend — but ask them first ...

If you’re thinking about co-executors, you’ll want to consider how well they get along, if they live close together and if they’re equally competent and communicative.