What Does an Executor Do?

An executor is the person responsible for dealing with someone’s estate after they die. The role can carry significant legal, financial and administrative responsibility.

An executor is responsible for administering the estate in accordance with the terms of the Will. This usually starts with identifying assets and liabilities, gathering financial information and establishing the overall value of the estate.

Where required, the executor may need to apply for a Grant of Probate before certain assets can be collected or transferred.

The role can also involve settling debts, dealing with tax matters, keeping estate accounts and ensuring the estate is administered correctly.

Once liabilities have been dealt with, the executor is responsible for distributing the estate to the beneficiaries named in the Will.

Executors must act carefully and honestly. Mistakes can cause delay, disputes and, in some circumstances, personal liability.

Choosing the right executor is therefore an important part of making a Will. The person appointed should be someone you trust to deal with the practical and legal responsibilities involved.

At MJV Solicitors, we advise clients on choosing suitable executors and help ensure their Wills clearly set out how their estate should be administered.

For more information about making or updating a Will, read our complete guide to Wills and Estate Planning.