We took part in #SolicitorChat on Twitter this morning. Today, it was all about being an Executor.
Some of the answers we gave are set out below:
What are the key things to think about if you’ve been asked to be an executor of someone’s will?
If you are asked, you should make sure you have the time to commit to the task, that you fully understand your role and responsibilities and you should consider taking professional advice.
What are the main responsibilities of an executor?
Executors are the people who do what the Will says. They obtain a Grant if needed, collect the assets of the estate, pay any debts and taxes due and then distribute the estate in accordance with the Will.