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{{REVIEWEDPLS | reviewer = [[Helen LowStephen Hsia|Helen Low, QCStephen Hsia]]|date= January 2016March 2019}}{{Being an Executor TOC}}[[File:beinganexecutor-contents1.png|thumb|275px|right| link=| <span style="font-size:50%;">Image via www.flickr.com</span>]]An '''executor''' is the person named in a [[Writing Your Will|'''will''']] to carry out the instructions contained in the will.
== What's involved An executor carries out the instructions in being an executor? a will ==An executor is the person named in a will to carry out the instructions in the will. When the person who made a the will (the '''will-maker''') dies, their property and possessions form their '''estate'''. The executor administers the estate by locating all of the will-maker’s property, paying any debts, the funeral costs and taxes, and then distributing the rest of the estate according to the instructions in the will.
== Being an executor takes time, energy and careful attention to detail. An executor can get help from friends and family members and also from professionals such be a demanding job ==Acting as a lawyer or accountant. However, the an executor is can be relatively easy if the person who estate is legally responsible. An executor makes simple; for example, if the decisionsestate consists of a car, a house, watches over everythingsome personal belongings, and needs to keep accurate recordsa bank account. But the job of executor can become challenging for many reasons.
* there are many people named in the will to receive gifts of money or property,
* the will-maker has extensive investments a lot of '''assets''' or '''debts''',
* the will-maker owns a business,
* the will includes a '''trust''', or
* the will is challenged by someone who feels left out they have not received a fair share. == You don’t have to act as executor == If someone asks you to be their executor and you don’t want to do the job, you can say no. '''And you still have the option to say no once a will-maker has died''', even if you said yes to being executor while they were alive. If you haven’t started dealing with any of the estate assets, you can decline — that is, '''renounce''' — your appointment as executor. You can do this by signing a form called a notice of renunciation. This form willneed to be filed in court when someone applies for '''probate''' or administration.
{{PLSStorybox| image =[[File:Being_an_Executor_-_Brandon.png|link= If someone asks you]]| text = “After my brother died, do you have to act I found out that he had named me executor. I was honoured — but I’ll admit, it came as their a surprise. I love my brother, but I didn’t want the job. I knew the whole process would be too difficult and stressful. For one thing, I’m 78 years old. And I live in a different province. So I signed a notice of renunciation form, and the alternate executor? ==took over.” <br/>– Brandon, Edmonton}}
'''If someone asks you to be their executor and you don’t want to do two people are named as co-executors''', one of the co-executors can turn down the job, you can say no. You can also decline or [[Ten Steps The co-executor who has decided not to Being an Executor#What if you don't want act will still need to act as file the notice of renunciation form. Or one executor?|can apply for probate and the '''renouncegrant of probate''' an appointment as executor]] after can reserve the person has died. However, if you have started dealing with any property right of the estate, you are legally bound others to continue, and you can only be relieved of being the executor by a court order after accounting for what you have done in the meantimeapply later.
If co-executors cannot agree, the administration of the estate can not move forward. For example, if there is more than one executor wants to sell the house and the other disagrees, there can be no sale. If co-executors have serious disagreements, they may need to contact a lawyer or go to court to resolve the conflict. If the administration of the estate cannot move forward because the co-executors disagreefee is split, but not always equally — it depends on who does the beneficiaries may also go to court and seek removal of the executors for failing to act appropriatelymost work.
== And if If you agree to being someone’s executor ==If you agree to act as someonean executor, make sure you have a current copy of the will. Keep it in a safe place where you can find it easily. And make sure you know where the ''original''s executor? == will is kept. Ask the will-maker to give you a list of all of their assets and debts. Down the road, your job will be easier if this list is kept up to date.
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