AbbeySmith
Joined: 24 Jul 2015
Posts: 7
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 Posted: Fri Jul 24, 2015 10:38 am Post subject: |
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An executor is a legal term referring to a person named by the maker of a will or nominated by the testator, to carry out the directions of the will. Typically, the executor is the person responsible for offering the will for probate, although it is not required that he/she fulfill this. The executor's duties also include disbursing property to the beneficiaries as designated in the will, obtaining information of potential heirs, collecting and arranging for payment of debts of the estate and approving or disapproving creditors' claims. An executor will make sure estate taxes are calculated, necessary forms are filed, and tax payments are made.
what is executor insurance? |
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