An executor has many duties such as:
♦ gathering or taking control of estate property
♦ lodging tax returns and finalising tax affairs
♦ notifying government departments and other organisations of the death
♦ advertising for any debts owing, and paying those debts out
♦ finalising any financial or business affairs
♦ paying out legacies
♦ distributing or transferring property according to the will
You must be very careful in your administration of the estate, because you can be held accountable for any losses.
Hogan Stanton Lawyers are here to guide you through the process and to assist you and your family during this most difficult time.