Commissions do not affect our editors' opinions or evaluations. The executor of an estate is someone who wraps up a deceased individual’s financial affairs. If the deceased has a will ...

An executor is responsible for managing the deceased's finances, settling debts and distributing assets as outlined in the will. Tasks of an executor include notifying authorities, closing ...

Investopedia / Jiaqi Zhou An executor of an estate is an individual appointed to administer the last will of a deceased person and carry out the instructions to manage the affairs. They are ...

Losing a loved one is never easy — and if you’ve been named executor of their will, you’re also stepping into a big responsibility. On top of your grief, you’re now in charge of managing ...

When retirement benefits are payable to a decedent’s estate, what unique obligations and opportunities does the executor of the estate have with respect to those benefits? Last month ...

You’re almost done with your estate planning but torn about whom to choose to be the executor of your estate. You don’t want to cause ill will between your children. Will you choose your ...

Remember, being an executor is a big responsibility, but with the will in hand, you’re better equipped to handle what comes next. 2. Notify Banks And Creditors When someone passes away, one of ...

A. You can name anyone you want to be the executor of your will. The question is who will do the best job. There are several advantages to naming a bank as an executor. Banks are in the business ...