What are the duties of an executor?

An executor is responsible for overseeing the administration of a deceased person’s estate. In California, the individual named as executor in the will has the legal authority to handle the estate. The executor’s duties include locating and collecting the assets of the deceased, paying the debts and taxes, filing necessary court documents, and distributing assets according to the will. In order to begin the probate process in California, the executor must file the original will with the court and a petition to open probate. This step will provide an official date of death, after which the executor is legally responsible to administer the estate. The executor’s main priority is to ensure that all debts and costs of the estate are paid, such as any outstanding taxes, funeral expenses, and the costs for processing the will. Along with this, the executor must manage the deceased’s personal property, such as cars and homes, until it is distributed to the appropriate recipients. At the end of the probate process, the executor will prepare a final accounting of all expenses and will present it to the court for approval. Once the accounting is accepted, the executor may distribute the remaining assets to the beneficiaries. After the distribution of assets, the executor must file a final declaration showing that the estate has been closed. In California, the executor of an estate must manage the deceased’s estate in an honest, transparent, and orderly manner. It is a complex job, with many legal and financial responsibilities, but the executor must see it through until the end of the probate process.

Related FAQs

What is an advance health care directive?
How are creditors paid in probate?
Who pays for the cost of probate?
What are the steps involved in the probate process?
Does an executor have the authority to sell real estate?
What documents must be filed to open probate?
How can an executor protect themselves from liability?
What is the difference between a will and a trust?
What is the difference between an executor and a trustee?
What is a testamentary gift?

Related Blog Posts

What You Should Know About Probate Law - July 31, 2023
Probate Law: A Comprehensive Guide - August 7, 2023
Common Issues in Probate Litigation - August 14, 2023
The Benefits of Hiring a Probate Lawyer - August 21, 2023
What is Intestate Succession? - August 28, 2023