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March 3, 2023 Executor Duties

Executor Checklist: Step-by-Step Guide

Immediate Steps (First Week)

Locate the original will and any estate planning documents. Obtain certified copies of the death certificate. Secure the deceased's property and valuables. Notify immediate family members and the named beneficiaries.

Legal and Financial Steps (First Month)

File the will with the probate court. Open an estate bank account. Notify banks, insurance companies, and financial institutions. Cancel credit cards and subscriptions. Apply for any life insurance benefits.

Ongoing Administration

Create a comprehensive inventory of all assets and debts. Pay valid debts and expenses from the estate account. File required tax returns. Keep detailed records of all transactions and decisions.

Final Distribution

Once all debts are paid and the waiting period for creditor claims has passed, distribute remaining assets according to the will's instructions. Obtain receipts from beneficiaries and file a final accounting with the court.