What does an executor do?
An executor is ordinarily charged with marshaling the assets of an estate; that is, changing locks and securing property, finding out where property is located, whether it’s in investment accounts or bank accounts, it’s real estate, personal property. They are generally going to be in charge of taking what belongs to the decedents, the dead person’s estate, marshaling those assets and then distributing them in accordance with the will. Some of what an executor does is, they seek wise counsel from an attorney and oftentimes a certified public accountant so that they can do what they do best and so that the attorney and the accountant can do what they do best to serve their needs.
Categories: Other Law Areas, Estates, Wills & Trusts