What are the Executors Duties when a Person dies with a Will?
Person Dies With A Will Executor’s Duties: As executor, you are the person primarily responsible for the administration of the estate. The following is not an exhaustive list, but it sets out the basic duties of an executor. • Make proper funeral and burial arrangements. • Determine the names and addresses of the beneficiaries of the estate and notify them of their interests. • Determine the full nature and value of the assets of the deceased and compile an inventory list. • Arrange for a listing of the contents of all safety deposit boxes. • Open estate bank account. • Retain a solicitor to advise you in the administration of the estate. • Instruct your solicitor to prepare application for your signature for Letters Probate in the appropriate Surrogate Court. • Determine the debts owed by the deceased at the time of death and arrange for their payment. • Contest any debts, if you are not satisfied, as to their validity or legitimacy and settle any compromised claims. • Prepare and fil
