What is an executor's duties?
An executor is a person appointed by a will to administer the estate of the deceased person. An executor has a number of duties, and they vary depending on the specific situation. In Kansas, some of an executor’s duties include: • Notifying the court, beneficiaries, and creditors of the death • Collecting and valuing assets of the deceased person • Paying valid debts and expenses of the estate • Identifying and determining whether to distribute property to named beneficiaries in accordance with the will • Filing and paying taxes • Making necessary contributions to a trust • Distributing the remaining assets to the beneficiaries An executor is legally obligated to fulfill these duties and is liable for any losses caused by failing to do so. It is crucial that an executor spend estate assets solely for the purpose of distributing them to the beneficiaries, and that all distributions are kept in strict accordance with the will. Finally, an executor should keep accurate records of the probate process in order to protect their own interests and to comply with the law.
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