What is an executor?
An executor is someone appointed to carry out the terms of a will. In South Carolina, this person is referred to as the "personal representative." The executor is responsible for collecting and managing the estate assets, paying valid debts and expenses, and distributing the remaining assets according to the will. The executor must also file the will with the circuit court, open up an estate account and file taxes for the estate, among other duties. In order to serve as an executor, the individual must be over the age of 18 and must not have been convicted of a felony. The individual must also be named in the will or a close relative of the deceased, such as a spouse, parent, or child. In some cases, the court may also appoint a professional fiduciary to serve as executor if it is deemed more appropriate. In most cases, a bond must be purchased to protect the assets of the estate from mismanagement or fraud.
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