What is an executor's duties?

An executor is responsible for managing the estate of a deceased individual. In California, the executor’s duties include gathering the deceased’s assets, paying any debts that the deceased owes, and preparing and filing the required tax paperwork. The executor also has to follow the deceased’s wishes as outlined in the will. The executor must also ensure all the necessary documents are in order, such as the will and probate forms. They must provide notice to the proper parties, such as creditors, the IRS, and other interested parties, regarding the deceased’s estate. The executor must also take steps to protect the estate, such as collecting any monies owed to the deceased and ensuring that all assets are properly transferred. The executor is also responsible for managing the estate’s funds. This includes working with financial institutions to ensure all taxes, debts, and other liabilities are paid. Additionally, the executor must ensure the estate’s assets are managed appropriately and ensuring that the remaining assets are properly distributed in accordance with the wishes of the deceased. In some cases, the executor is also required to represent the estate in court. This can involve dealing with disputes between various parties, or handling other legal matters related to the estate. Overall, an executor’s duties involve managing a multitude of matters related to the deceased’s estate, and in some cases, representing the estate in court. It’s a complex process, and in some cases, an executor may need to hire an attorney to assist in managing these duties.

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