What is an executor of a will?

An executor is the individual you appoint in your will to handle the administration of your estate after you pass away. Their duties can range from applying for a grant of probate, if necessary, to managing your assets and ensuring they’re distributed according to your wishes. This role may involve coordinating with lawyers, real estate agents, and beneficiaries to carry out your instructions.

While you have the freedom to choose anyone, many people select a spouse or adult children, as they’re often beneficiaries and have a strong interest in seeing the estate managed efficiently. However, it’s best to avoid appointing more than two or three executors, as having too many people involved can make the process complex and impractical.

It’s also wise to name a substitute executor, providing peace of mind that if your primary choice is unable to fulfil the role, someone else you trust can step in to ensure your wishes are respected.

H3: 1. What are my responsibilities as the executor of a will?
As an executor, you are responsible for managing the deceased’s estate according to their will. This includes applying for a grant of probate if needed, settling any outstanding debts, distributing assets to beneficiaries, and ensuring the estate is handled legally and fairly.

Executors may also need to communicate with lawyers, accountants, and other professionals to complete these duties.