Your executor is the manager of your estate. Because he or she will make many decisions about the management and distribution of your estate, you should select a trusted person who understands your circumstances. An executor will usually complete eight separate steps to ensure an orderly transfer of all your property to the right individuals:
- Submit your will to the probate court.
- Locate your heirs.
- Determine your estate assets and values.
- Pay bills and the estate attorney.
- Make debt payments.
- Resolve any estate controversies.
- File your income and estate tax returns.
- Distribute your assets to heirs.
Are you ready to plan your will or estate and make your executor’s job easier?Â
Click here to download an Electronic/PDF Estate Planning Guide or to request that a copy be mailed to you. Â