${site.data.firmName}${SEMFirmNameAlt}
Contact Us For A Consultation
302-644-7181 Lewes
302-697-4900 Camden

Carrying Out A Loved One's Wishes

For individuals who establish an estate plan, a key task is deciding who to name as an estate's executor. Frequently, parents turn to an adult child to fulfill this role and all of the responsibilities that come with it. If you are named the executor of a parent's, friend's or other relative's estate; it's important to fully understand what that means as well as the specific duties you will be expected to carry out and complete.

What Does An Executor Do?

While, depending on the size and complexity of an estate, an executor's specific responsibilities will vary, the following list outlines an executor's basic duties.

  1. Submit a will to probate court
  2. Discover and account for all assets, investments, personal belongings and property
  3. Manage and invest estate assets until an estate is settled
  4. Arrange for the appraisal of personal belongings and property
  5. Pay outstanding debts and taxes
  6. Pay funeral and burial costs
  7. Distribute assets and personal belongings and property per a will's directives

How An Attorney Can Assist

In general, most individuals who are named as estate executors are woefully unprepared for and feel overwhelmed by all of the related requirements and responsibilities. Mistakes made with regard to the management, appraisal or distribution of estate assets, belongings and property can create discord among families. What's more, these types of errors may result in legal action being taken against an executor.

To avoid problems and save oneself a lot of time and stress; an executor would be wise to turn to an estate planning attorney for advice and assistance. An attorney will guide an executor through the process of settling an estate and work to ensure that all assets are accounted for and managed property, debts paid and distributions made in an appropriate and timely manner.

No Comments

Leave a comment
Comment Information

What Our Clients Say About Us…

My wife and I would like to take this opportunity to highly recommend the legal practice of Bonnie Benson and her very professional staff… Bonnie and her staff are organized, engaged in the client's case and they communicate effectively.

Read More
Latest Blogs
Get The Help Now

Need Answers Now? Contact Us Immediately

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

your success. our commitment. elder counsel excellence in elder law  and special needs state bar delaware association

Camden Office
306 East Camden Wyoming Avenue
Camden, DE 19934

Phone: 302-697-4900
Fax: 302-697-4901
Camden Law Office Map

Lewes Office
33718 B Wescoats Road
Lewes, DE 19958

Phone: 302-644-7181
Fax: 302-644-7182
Lewes Law Office Map

We Accept visa mastercard discover network
Review Us