When Massachusetts residents are creating their estate plans, one of the most important decisions they have to make is who to appoint as the executor of their estate. In making this crucial choice, it may be helpful to understand the role that an executor plays in estate administration. Here is an overview of an executor's responsibilities.
The first thing an executor will need to do is locate the decedent's will and file a petition with the court to begin the probate. Once the will is admitted to probate and the executor is formally appointed by the court, he or she will need to locate all of the assets owned by the decedent at the time of death. Once located, he or she must keep them safe and manage them until they are distributed in accordance with the will.