Do you know who is an executor? The person who is named in a deceased person's will. Read this presentation by Robson Hayes Legal to know more about executrix steps. Source: http://www.robsonhayes.com.au/what-does-an-executor-do/
Steps Taken by Executor in General | Robson Hayes Legal
1.
2. An executor or executrix is a person
named in a deceased person's will. Their
role is to bring in the assets and pay the
liabilities of the deceased estate. The
Executor also ensures that the wishes of
the deceased person as recorded in the
will are carried out.
3. In general terms, the Executor must:
• Obtain the death certificate
• Locate the original will
• Notify the beneficiaries
4. • Arrange and pay for the funeral
• Value, secure and insure the assets of
the deceased estate.
• Obtain a Grant of Probate (if necessary)
5. • Manage the deceased person's assets
• Pay the liabilities
• Finalize the deceased's person's affairs
such as arranging for pets to be cared for,
mail redirected and the cancellation of
services
6. • Divide the estate and distribute property
and/or money to the beneficiaries
• Finalize the tax affairs of the deceased.
7. • In the event of a dispute about the
meaning of the will or an inheritance
claim, an Executor may defend legal
proceedings.
• The will may have also established
trusts and appointed the Executor as
the trustee of those trusts
8. Contact
Our team of experts can provide you with
advice and assistance with the matters
related to executor. Call Robson Hayes Legal
on (08) 9322 2256 or email us at
info@robsonhayes.com.au to discuss
your problems with us.