Written by attorney Maria Lianos Johnson

Executor Commissions

To begin, it is important to understand the functions of an Executor. The Executor will be required to perform duties which will depend upon, and be specific to, the respective estate. Some of these duties may include: probating the Decedent’s Will, marshalling the Decedent’s assets, managing the Decedent’s property, keeping accurate records with regard to the administration of the Decedent’s assets, paying all valid claims of the Decedent’s creditors, filing the applicable estate tax returns, preparing an estate accounting and making distributions to the Estate’s beneficiaries.

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