Question

What are the responsibilities of an executor? Check all that apply.

paying any taxes that are due on the estate
taking inventory of the property and belongings
appraising and distributing the deceased person’s assets
settling any debts that are owed by the deceased
inheriting assets named in a will if the first choice cannot
acting on someone’s behalf if he or she becomes sick or injured

Answer 1

Apply:
- paying any taxes that are due on the estate
- taking inventory of the property and belongings
- appraising and distributing the deceased person’s assets
- settling any debts that are owed by the deceased

Do NOT apply:
- inheriting assets named in a will if the first choice cannot (that’s a beneficiary/alternate beneficiary role, not an executor duty)
- acting on someone’s behalf if he or she becomes sick or injured (that's a power of attorney/healthcare proxy duty, which applies while someone is alive)