What are the legal obligations of an executor?
An example of an AI chatbot conversation about executor's legal responsibilities.
What are the legal obligations of an executor?
An executor is responsible for managing the deceased's estate, including paying debts and distributing assets.
What specific tasks must an executor complete?
Executors must locate the will, file it with the court, notify beneficiaries, pay taxes, and distribute assets.
Are there any deadlines I should be aware of?
Yes, executors typically have deadlines for filing the will, paying debts, and distributing assets, which vary by state.
What happens if an executor fails to fulfill their obligations?
If an executor fails in their duties, they can be removed by the court and may face legal consequences.
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