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Difference between revisions of "Choosing an Executor"
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{{REVIEWEDPLS | reviewer = [[Stephen Hsia|Stephen Hsia]]|date= January 2019}}{{Preparing Your Will TOC}} | {{REVIEWEDPLS | reviewer = [[Stephen Hsia|Stephen Hsia]]|date= January 2019}}{{Preparing Your Will TOC}} | ||
The '''executor''' is the person you name to carry out the instructions in your will. | The '''executor''' is the person you name to carry out the instructions in your will. | ||
==The role of the executor== | |||
Your executor locates all of your property, pays any debts and funeral costs, prepares the final tax return, and distributes the rest of the estate as the will specifies. | |||
Your executor may need to '''probate''' the will. This is a legal process that confirms the will is legally valid. To apply for probate, the executor needs to submit the will and certain forms to court. If everything’s in order, the court issues a grant to the executor. Now the executor can legally deal with the estate assets. | Your executor may need to '''probate''' the will. This is a legal process that confirms the will is legally valid. To apply for probate, the executor needs to submit the will and certain forms to court. If everything’s in order, the court issues a grant to the executor. Now the executor can legally deal with the estate assets. | ||
