What Does an Executor Actually Do?

You've been named executor of someone's estate. Or maybe you need to become one because nobody else will. Either way, here's what the job actually involves — in plain English.

What an executor is

An executor (sometimes called a "personal representative") is the person legally responsible for carrying out the wishes in someone's will and settling their estate.

It's not an honor. It's a job. An important one.

The core responsibilities

1. File the will with the probate court

This is your first legal obligation. Take the original will to the probate court in the county where the deceased lived.

2. Inventory the assets

Make a complete list of everything the deceased owned:

• Bank and investment accounts
• Real estate
• Vehicles
• Personal property of value
• Life insurance policies

3. Notify creditors and pay debts

You're responsible for notifying known creditors and publishing a notice for unknown creditors.

4. File taxes

You'll need to file the deceased's final income tax return and possibly an estate tax return.

5. Distribute assets to beneficiaries

Once debts and taxes are paid, distribute remaining assets according to the will.

What you're NOT responsible for

• Paying debts from your own money. Estate debts come from estate assets.
• Making everyone happy. You follow the will.
• Being a lawyer or accountant. You can hire professionals.

How long it takes

A simple estate: 6-12 months. A complicated one: 1-3 years.

What AtPeace does for you

AtPeace creates a complete, prioritized checklist for executors based on your state and the estate's complexity.