What are the roles and responsibilities of an executor?
An example of an AI chatbot conversation about executor roles and responsibilities in estate management.
What are the main roles of an executor in a will?
The main roles of an executor include managing the deceased's estate, paying debts, and distributing assets to beneficiaries.
What responsibilities does an executor have during the probate process?
During probate, an executor must file the will, inventory assets, notify creditors, and ensure taxes are paid.
Can an executor be held liable for mistakes?
Yes, an executor can be held liable for mismanagement or failure to act in the best interest of the estate.
How does one become an executor?
An executor is usually named in the will by the deceased. If not, the court can appoint one.
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