When an individual begins the process of estate planning, one of the most important documents they create is a will. When creating a will, the individual will be required to appoint someone to carry out all of the wishes that are detailed in the document. This person is known as the executor of the will. They have arguably the most important job in the estate administration process. It is essential to only choose an executor that can be completely trusted to fulfill all of the responsibilities of the role and will honor the decedent’s wishes upon their passing.
Some of the duties that an executor will be required to fulfill include the following:
- Paying all of the decedent’s outstanding bills
- Filing the previous year’s tax return on behalf of the decedent
- Ensure that all of the assets are distributed to the named beneficiaries
Listed above are only a few of the many duties of an executor, as the role has a wide range of responsibility attached to it. If the executor feels as though they can no longer handle all of these responsibilities, they have the option to resign.
If you have been named an executor of someone’s will or have questions about estate planning, contact us today.
The dedicated and compassionate attorneys at Vigilante Law Firm, P.C. would be happy to provide you with assistance in your case and help you protect your future when so much is on the line. Contact us today to schedule a consultation so we can assess the specific circumstances surrounding your lawsuit.