An executor is someone who you appointment in a Will should you pass away, their roles are to arrange your funeral, apply for probate if required and wind down your estate in relation to your wishes in your Will. You have one, two or three+ executors if you wish. They can act on their own or alongside another party. This choice is up to you.
The main duties of an executor can include the following:
- Paying any bills owed by the estate.
- Working out whether any Inheritance Tax is due, and paying it.
- Applying for Probate.
- Paying any other taxes.
- Valuing and distributing the estate according to the will.
- Making any court appearances required.
Executors may also be responsible for registering the death, informing any relatives, and making practical arrangements for the funeral.
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