Posted on 23rd March 2021 at 12:02
If someone asks you to be an executor for their Will you will be responsible for making sure their estate is properly wound up and that their wishes are carried out.
There are legal responsibilities associated with being an executor, including:
registering the death
arranging the funeral
valuing the estate
paying any inheritance tax
applying for probate
distributing the estate
keeping estate accounts.
All the costs of administering the estate and receipts should be recorded.