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What do executors do?

On Behalf of | Nov 15, 2022 | Firm News

Choosing an executor for your estate is a big, important deal. Of course, in order to make the best decision, you also need to know everything about an executor’s role.

In short: what exactly do executors do? What sort of person do you need to select to fill the role?

Interactions executors make

Forbes takes a look at the duties and responsibilities of an estate executor. These individuals hold a lot of power, essentially acting as the manager of your estate plan. After your death, they take the reigns and ensure everything is accomplished in accordance with your wishes.

This means they work with other people you hire onto your estate planning “staff”, such as attorneys and financial advisors. It also means they will need to have the ability to manage their own grief while also handling time-sensitive matters.

The manager of an estate

Speaking of, they must have good self-management and organizational skills. They will not have anyone else telling them what to do. They must act self-sufficiently and do whatever is necessary to ensure things are done on time and correctly.

Due dates are particularly important when handling legal matters, especially the signing and turning in of documents. The executor works closely with legal aid you may have hired to ensure that everything is done in accordance with state and federal law.

They also handle passing out assets after the probate process has finished. This is a somewhat difficult task and it requires a measure of social finesse and grace. In essence, executors do a little bit of everything.