Have you recently organized the funeral services of a loved one? If so,
you may also be handling his or her will. If you’ve been named as
the executor, you are responsible for carrying out the terms of the will.
Keep reading to learn more about the process of serving as an executor.
Know Your Responsibilities
As an executor, you have many responsibilities. In addition to carrying
out the terms of the will, you are responsible for settling the estate,
paying the estate’s debts or taxes, and ensuring that beneficiaries
of the will receive their inheritances. Your responsibilities may be more
extensive if you are dealing with a more complex estate. For example,
you’ll likely be required to take an inventory of assets and protect
or sell them as needed.
Prepare for Your Role
There are several things you can do to prepare to be an executor before
your role goes into effect. Talk to your loved one about the details of
the estate, including any financial or legal arrangements that may be
unusual or complicated. Try to get an idea of the types of assets that
are included in the estate. Don’t forget to ask specific questions
about the will itself, including its location and the contact information
of the attorney who drafted it.
Consider Hiring a Professional
Dealing with the death of a loved one is emotionally difficult, and the practicalities can be time consuming
and complicated. You may be trying to arrange a funeral at a funeral home
in addition to your executor responsibilities. Just because you’ve
been named executor doesn’t mean you need to complete this trying
process alone. You can hire an attorney to help you handle probate proceedings
and a professional accountant to deal with the financial aspects of the estate.
Are you planning a funeral near Hayward? Whether you are planning ahead
for your own funeral or arranging the services of your loved one,
Chapel of the Chimes Hayward can help you during this difficult process. Contact us at (510) 398-6922
for more information about our services and funeral resources.