How many executors can be named in a will?
In North Carolina, you can have up to three executors named in a will. An executor is the person responsible for seeing that the wishes of the deceased are carried out. The executor must go to court to prove the validity of the will, and then file the proper paperwork with the court to transfer the assets to the beneficiaries as specified in the will. The executor is responsible for managing the estate of the deceased until it is distributed according to the will. They have to pay any debts or taxes due on the estate, and keep records of all of the transactions. If more than three executors are named, the court can still appoint the other executors. The court will usually appoint family members or close friends of the deceased to serve as executors. Even if more than three executors are named, it is important to remember that only three are legally allowed to act as executors. It is important to make sure you name a competent and responsible executor in your will. This person will be responsible for seeing that your wishes are carried out, and can be held legally liable for any errors or mismanagement.
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