What are the Duties of an Executor?, Part 4

If you are someone who has been chosen to be the executor of a decedent’s estate, you may be feeling overwhelmed with the various responsibilities that come along with it. Along the same lines, if you are in the process of choosing an executor for your own estate, you may be wondering what this person will have to do and how you can make the process easier for them. While an executor’s duties are often dependent on the complexity of the estate, we will look at the basic responsibilities of an executor to give you a roadmap to get started. Although it is not required that an executor is exceptionally knowledgeable in the legal and financial world, this position requires the person to act as a fiduciary, which means they must always act in the decedent’s best interests. At Aspen Wealth, we are here to coach you through the process of serving as an executor or setting up your estate plan to make your executor’s job easier.If you missed any of our past episodes, you can hear them in your favorite podcast app. Just click here and choose your player. Get this briefing hands-free: Subscribe free to this show as a daily Alexa Flash Briefing! Enable the skill here, then say, "Alexa, news." Hosted on Acast. See acast.com/privacy for more information.