Will execution refers to the executor's duties in administering the estate according to the will. The executor (or personal representative) is named in the will and appointed by the probate court.
14 steps across 2 sections
1. Steps Process
- Locate and file the will with probate court.
- Accept appointment — Petition court for Letters Testamentary (authority to act).
- Secure assets — Protect and inventory all estate property.
- Open estate bank account — Consolidate estate funds.
- Notify creditors and beneficiaries.
- Pay valid debts, taxes, and expenses from estate funds.
- File final tax returns (personal and estate).
- Distribute assets per the will's instructions.
- File final accounting with the court.
- Close the estate — Petition for discharge.
2. Key Details
- Letters Testamentary give legal authority to act on behalf of the estate
- Executor compensation: Varies by state (typically 2-5% of estate value)
- Executor can be personally liable for improper actions
- See topic #827 for detailed executor first 30 days guide
Pro Tips
- Hire professionals (attorney, accountant) — the estate pays
- Document everything meticulously
- Communicate regularly with beneficiaries