When does the role of an executor begin?
Being appointed an executor of an estate can be a significant responsibility. When the testator dies, you will manage their estate and distribute it to heirs. But when will you assume your duties? Here is what you should know: Immediately after the testator dies Most executor duties commence when the will goes to probate. However, there are exceptions – you may need to assume your responsibilities when the testator dies. This includes registering the death, setting up funeral arrangements and paying reasonable funeral expenses. You may also take steps to care for and preserve the deceased’s...