An executor in an estate plan plays a vital role in carrying out the wishes of another. If you are interested in learning more, do not hesitate to reach out to our experienced Pennsylvania estate planning attorneys. Our firm is dedicated to ensuring that you and your future are a top priority.
What does an executor do in Pennsylvania?
An executor has many responsibilities. They include being in charge of handling and distributing the estate to beneficiaries in the event of your passing. In most cases, if you are creating your estate, you will need to appoint an executor. Your executor will have the responsibility of bringing your last will and testament to the surrogate court. After the probate process begins and your will is deemed valid, your executor will then have to handle any financial obligations of your estate. Usually, this includes making outstanding payments or taxes. It is most beneficial to do this with the help of an experienced attorney. This person will also be able to distribute all the assets within your estate to their chosen beneficiaries. Additionally, if a beneficiary contests a will’s validity, the executor is in charge of resolving these conflicts.
If you have further questions about the role of an executor, do not hesitate to reach out to our experienced estate planning attorneys to learn more.
What happens if no one wants to be an executor for my estate?
Sometimes, people are overwhelmed with the tasks of handling an estate and all of the weight that it carries. In other scenarios, an individual might accept the role without really knowing what it involves. If this happens, courts will not force that person to become an executor if he or she doesn’t want to. An estate plan allows for a backup executor to step into the role in the event that this occurs. If no one wanted to take the role, the court will select an individual suitable for the job. It is also important to note that an executor can be removed from the position if he or she is not performing their duties or is engaging in fraudulent activity.
It is in your best interest to reach out to our experienced estate planning attorneys to learn more about this role. Our firm at Heritage Elder Law & Estate Planning is committed to ensuring that you and your future are protected.
CONTACT OUR EXPERIENCED PENNSYLVANIA FIRM
Whether you are dealing with matters involving estate planning, estate administration, or elder law, you need a legal team that you can feel confident will represent your best interests, every step of the way. We are that legal team. Contact Heritage Elder Law & Estate Planning today so we can get started.