What powers do executors of wills have?

In Virginia, an executor of a will has several important powers. They are responsible for ensuring that the wishes of the deceased are properly honored. This includes carrying out the decisions set forth in the will, such as arranging for the estate to be distributed to the beneficiaries. Executors of wills have the power to manage the estate of the deceased. This includes collecting any money or assets that are owed to the estate, locating and managing the assets of the estate, paying any debts, and liquidating the estate. Executors also have the power to file all the necessary paperwork with the probate court, including petitions, inventories and forms related to the estate. Executors of wills also have the power to represent the estate in court proceedings, such as any lawsuits or other legal matters. They may also represent the estate in any tax related matters. Additionally, an executor is responsible for finding heirs to the estate and ensuring that the estate is divided according to the wishes of the deceased. The executor will also be responsible for any court appearances related to the probate process. Executors of wills have a great deal of responsibility and power. As such, it is important to choose an executor that is trustworthy and knowledgeable of legal matters. The executor must act in the best interest of the deceased at all times to ensure that the wishes of the deceased are honored.

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What powers do executors of wills have?

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