What Does Estate Administration Entail?
An executor or administrator of an estate performs many duties during and after the probate process. He or she helps to contact heirs, distribute assets according to the will and pay any debts or taxes owed on the estate or other belongings. The executor will also be in charge of ongoing payments that still need to be made, such as mortgage payments.
Because of the level of responsibility, an executor should be someone who is highly organized and that you can trust to settle disputes that might arise. Many people choose family members or close friends, but you can also appoint a third party. You can ask an attorney about choosing an executor during the estate planning process. If you have been appointed as an executor, a lawyer skilled in probate can assist you with any issues or questions during the process.
Get The Estate Help You Need
At Bartle, McGrane, Duffy & Jones, LLP, we are your estate planning consultants. From starting a plan to working through probate, we have helped New York clients at all stages of life. We want to give you peace of mind by protecting who and what you value most.