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Revision as of 05:11, 21 March 2019 by
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Being an Executor
Being Asked to Be an Executor
An executor carries out the instructions in a will
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Being an executor can be a demanding job
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You don’t have to act as executor
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If you decide to act as executor, you can get help
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There are some expenses and fees you can claim
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There can be more than one executor
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An executor’s role ends when the court formally discharges them
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If you agree to being someone’s executor
Ten Steps to Being an Executor
Step 1. Find the will
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Step 2. Confirm the validity of the will
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Step 3. Protect the assets
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Step 4. Arrange the funeral
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Step 5. Communicate with the beneficiaries
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Step 6. List the assets and liabilities
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Step 7. If necessary, apply for probate
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Step 8. Deal with debts and taxes
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Step 9. Account to the beneficiarie
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Step 10. Distribute the estate
Probating the Will
You must notify certain people that you intend to apply for probate
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You need to file probate documents with the registry
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Listing assets and liabilities
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Probate fees are based on the gross value of the estate
Resources
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