Responsibilities of Executor
The executor of an estate is the person in charge of the probate process. The executor's main responsibilities are to gather all of the probate assets, to satisfy the financial obligations of the decedent, to pay all appropriate taxes and to distribute the estate in accordance with the Will. Typically, an executor will retain an attorney for purposes of assisting them in completion of these responsibilities.
If you are named as an executor, it is very important to consult with an experienced probate attorney. At David K. Lucas and Associates we will assist you in fulfilling your responsibilities as an executor. We will assist you in locating probate assets, managing the probate estate, completing all necessary tax returns and assisting you in the final distribution.
It is very important to remember that as an executor you have a responsibility to the beneficiaries of the estate. You will also need to provide an account to the Register of Wills outlining all financial activity that occurred during your appointment as executor.
If you have any questions concerning the responsibilities of an executor, call our office at 724-216-6433 or contact us via email on the "contact us" page.