What is my job as the executor of a will?

As an executor of a will, your main responsibilities are to:

Locate and secure the assets

You will need to locate and secure the assets of the deceased, including property, bank accounts, investments, and personal possessions.

Pay debts and taxes

You are responsible for paying any debts and taxes that the deceased owed, including any outstanding mortgages, credit card balances, and income taxes.

Obtain a grant of probate

In order to legally manage and distribute the assets of the estate, you will need to apply for a grant of probate. This is a legal document that gives you the authority to act as the executor.

Administer the estate

You will need to manage the assets of the estate, including selling property, liquidating investments, and paying bills until the estate is ready to be distributed.

Distribute the assets

Once all debts and taxes have been paid, you will need to distribute the remaining assets to the beneficiaries according to the instructions in the will.

Keep accurate records

It's important to keep accurate records of all transactions and communications related to the estate, as you will be accountable to the beneficiaries and the court.

It's worth noting that being an executor is a legal and financial responsibility that can be complex and time-consuming, it's always recommended to consult a probate solicitor or professional to guide you through the process.