Executor Duties (2 of 5)

Executor Duties (2 of 5)


7. Have a preliminary discussion with a lawyer; does the will require probate

8.Determine whether an accountant is required.

9.Estimate immediate cash requirements: specific legacies, family living needs, funeral expenses. In general, there should be no disbursements or payouts to beneficiaries until the estate is settled, but there are special expenditures such as the needs of surviving family members.

10. Attend reading of the will by family members.

11. Obtain a list of assets and liabilities. Keep a list of income.

12. Review contents of safety deposit box.