What does an executor or administrator of an estate do?
December 14, 2023
An executor or administrator generally has three primary duties with respect to an estate. These include identifying and collecting the assets of the decedent, paying the decedent’s outstanding debts and the expenses and taxes of the estate, and distributing the net assets of the estate according to the decedent’s will or state intestacy laws. While this may seem straightforward, complications can arise when, for example, a decedent’s assets were seized by another party, or when a beneficiary of the estate contests the amount of estate administration expenses.
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