Blog

FREE guide: What you need to know before you make a will.

March 24, 2021
Wills and Estates- Role of an Executor

At such a difficult time in life, such as the death of a loved one, dealing with obligatory estate matters could seem to be like the last thing you want to do. By knowing the legal obligations associated with the role of Executor of the Will ahead of time, you are faced with one less pain during a time of loss.

Some key roles of an Executor include:

  • Acting on behalf of, and in the best interest of, the beneficiaries of the deceased’s Will. These actions must be carried out without bias and without conflict to the best ability
  • Keeping the funds of the Estate organized. In many circumstances, Estate funds and personal funds can get intertwined, resulting in stressful and unnecessary consequences.
  • Striving to reap the best value for the assets that make up the Estate. This could be for example, selling either property or objects for their correct market value.

While the role of an Executor is a necessary one, it can be a painful time for the person tasked with the job. If assistance is required, a legal professional can aid in the Executor’s journey, helping to make the job as seamless and conflict-free as possible.