{"id":19,"date":"2014-03-11T20:39:27","date_gmt":"2014-03-11T20:39:27","guid":{"rendered":"http:\/\/executor.ie\/?page_id=19"},"modified":"2015-10-15T01:26:30","modified_gmt":"2015-10-15T01:26:30","slug":"role-of-executor","status":"publish","type":"page","link":"https:\/\/executor.ie\/role-of-executor\/","title":{"rendered":"Role of Executor"},"content":{"rendered":"<h2><span style=\"color: #996600;\">WHAT ARE THE DUTIES AND RESPONSIBILITIES OF AN EXECUTOR? FREQUENTLY ASKED QUESTIONS<\/span><\/h2>\n<ul>\n<li>\n<h3><b style=\"font-size: 1.17em;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-44\" alt=\"Advanced Healthcare Directive\" src=\"http:\/\/executor.ie\/wp-content\/uploads\/2014\/03\/Advanced-Healthcare-Directive-300x225.jpg\" width=\"300\" height=\"225\" srcset=\"https:\/\/executor.ie\/wp-content\/uploads\/2014\/03\/Advanced-Healthcare-Directive-300x225.jpg 300w, https:\/\/executor.ie\/wp-content\/uploads\/2014\/03\/Advanced-Healthcare-Directive-1024x768.jpg 1024w, https:\/\/executor.ie\/wp-content\/uploads\/2014\/03\/Advanced-Healthcare-Directive.jpg 1600w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/>I have been appointed an Executor of a Will.\u00a0 What does this mean?<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>Simply put the Executor is the person named in the Will to deal with the Estate.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><b style=\"font-size: 1.17em;\">If there is no Will, who is the Executor?<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>Where there is no Will made the person who steps forward to deal with the Estate is called and Administrator.\u00a0 The law sets out in priority the close relatives or who among the deceased\u2019s beneficiaries are entitled to act as Administrators.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><span style=\"font-size: 1.17em;\">\u00a0<\/span><b style=\"font-size: 1.17em;\">Who is a Personal Representative?<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>Often the term Executor and Administrator are referred to collectively as Personal Representatives of the deceased.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3><b style=\"font-size: 1.17em;\">\u00a0<\/b><b style=\"font-size: 1.17em;\">What does an Executor do?<\/b><\/h3>\n<\/li>\n<\/ul>\n<p>An Executor has many functions and its role is for life once it is accepted.\u00a0 Primarily the Executor must act to protect the Estate and to administer the Estate.<\/p>\n<p><b>\u00a0<\/b><\/p>\n<ul>\n<li>\n<h3><b style=\"font-size: 1.17em;\">What are the responsibilities of an Executor?<\/b><\/h3>\n<\/li>\n<\/ul>\n<p><b>\u00a0<\/b>Acting as an Executor is a highly responsible role.\u00a0\u00a0 Amongst other matters the Executor:<\/p>\n<ul>\n<li>Must protect the Estate for example insure its assets<\/li>\n<li>Identify all assets and secure these<\/li>\n<li>Identify and deal with all liabilities and debts<\/li>\n<li>Obtain all information necessary to extract the legal documentation which will give the Executor the legal power to deal with the Estate<\/li>\n<li>Determining how the Estate will be administered<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>Unless it is a relatively small Estate probate will have to be applied for to administer the Estate.<\/p>\n<p>Once the assets are collected and liabilities paid and any tax issues regarding the Estate dealt with, the Executor is then responsible for distributing the balance of the Estate to the beneficiaries in accordance for the Will and accounting for the Estate generally.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>WHAT ARE THE DUTIES AND RESPONSIBILITIES OF AN EXECUTOR? FREQUENTLY ASKED QUESTIONS I have been appointed an Executor of a Will.\u00a0 What does this mean? Simply put the Executor is the person named in the Will to deal with the Estate. &nbsp; If there is no Will, who is the Executor? Where there is no [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":3,"comment_status":"open","ping_status":"open","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"_links":{"self":[{"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/pages\/19"}],"collection":[{"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/comments?post=19"}],"version-history":[{"count":6,"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/pages\/19\/revisions"}],"predecessor-version":[{"id":43,"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/pages\/19\/revisions\/43"}],"wp:attachment":[{"href":"https:\/\/executor.ie\/wp-json\/wp\/v2\/media?parent=19"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}