What are an Executors or Administrators duties?
Although the tasks required to administer an estate will vary according to the exact nature of the estate, the following is a list of the more common duties: • locate the will, if there is one; • locate all the assets of the deceased and determine the value of each; • obtain the death certificate and notify the appropriate agencies of the death; • prepare a list of beneficiaries and their addresses; • file claims for life insurance, pension plans and death benefits; • pay the funeral bills (usually banks will pay funeral bills directly from the deceaseds bank account upon production of the bills); • obtain Letters Probate or Letters of Administration, if required; • notify the Public Trustee if there are any dependent adults or, children (beneficiaries) under the age of 18 years, who may have an interest in the estate; • advertise for creditors, if necessary; • call in the estate – gather the assets, transfer title of all real property to the estate, arrange for sale of assets as requi
