An executor is tasked with the responsibility of carrying out the wishes spelled out in a person's will or trust documents after that person has passed away. An executor may be named by the testator or appointed by the court with the primary duty of ensuring assets are distributed to the intended beneficiaries of the testator's estate. An executor is not only responsible for calling and organizing a meeting of beneficiaries, family members, and other individuals to oversee the executor's duties, but they must also ensure that all legal requirements set forth in the will or trust document are met.

It is the executor's responsibility to thoroughly examine the will and trust documents to accurately hanlde settling the estate of the deceased. This includes gathering and cataloging all assets, liabilities, and any other debts left behind. They must also collect insurance and death benefits, pay outstanding bills, and review prior tax returns to ensure proper closure. In addition, they must work with other beneficiaries to properly reimburse those who are entitled to any final family expenses like burial or medical costs, as well as coordinate any transfer of property or investments.

Executors must also maintain records of the estate administration in order to report any costs incurred as a result of settling the estate. This may also involve collecting and submitting any necessary paperwork to local, state, or federal agencies and courts as required by the will or trust document. Executors may even work with probate attorneys, real estate agents, financial advisors, and other professionals to ensure the executor is following the proper protocols in settling the estate.

Being an executor is a serious responsibility, and those appointed must understand that there may be obstacles to navigate and complications that may arise. Executors must be prepared to handle any unforeseen issues or questions that may arise from unaware family members or creditors.

Overall, an executor is a person appointed by the testator or court with the duty of settling the estate of the deceased according to the wishes in the will or trust document. They must thoroughly examine all related documentation, coordinate with any other creditors or beneficiaries, and comply with any local, state, or federal laws when settling the estate. Being an executor is a large responsibility and those appointed must be prepared to handle any potential complications that may arise.