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Generally no. The estate is responsible for paying the sole debts of the decedent. If on the other hand the debts are owed jointly with the person who was appointed the executor then that person is still responsible for paying them.

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16y ago

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How can someone become the executor of an estate?

To become the executor of an estate, a person must be named as such in the deceased individual's will. The court will then officially appoint the executor after the will is probated. The executor is responsible for managing the deceased person's assets, paying debts, and distributing the remaining assets to beneficiaries according to the will.


Can the inheritors force the executor to sell assets?

No, they cannot force the executor to sell assets. The executor is responsible for closing out the estate and settling debts. Then the distribute the assets.


Can a beneficiary override an executor in the distribution of assets?

No, a beneficiary cannot override an executor in the distribution of assets. The executor is legally responsible for carrying out the instructions in the will and distributing assets accordingly.


How can one become an executor of an estate?

To become an executor of an estate, one must be named as such in the deceased person's will. The executor is responsible for managing the deceased person's assets, paying debts, and distributing the remaining assets to beneficiaries according to the will. It is important to understand the legal and financial responsibilities of being an executor before accepting the role.


Can your sister who is the executor distribute your mom's money whenever probate is over?

Yes. As long as she has been appointed the executor by the court she has the authority to collect the assets, pay any of your mother's debts and then distribute the remaining assets as provided in the will.Yes. As long as she has been appointed the executor by the court she has the authority to collect the assets, pay any of your mother's debts and then distribute the remaining assets as provided in the will.Yes. As long as she has been appointed the executor by the court she has the authority to collect the assets, pay any of your mother's debts and then distribute the remaining assets as provided in the will.Yes. As long as she has been appointed the executor by the court she has the authority to collect the assets, pay any of your mother's debts and then distribute the remaining assets as provided in the will.


Is the executor responsible for distributing inheritance?

That is the job of the executor. To distribute the estate and liquidate the assets.


Is a executor in NY state responsible for debt if it is more than the assets?

The executor is not personally responsible for the debts. If the estate is not sufficient, the debtors will not get paid in full.


Can an executor decide the distribution of assets among beneficiaries in a will?

Yes, an executor is responsible for distributing assets according to the instructions outlined in the will. They must follow the wishes of the deceased as specified in the will when distributing assets to beneficiaries.


Can the executor of estate be held liable for taxes owed if estate is solvent?

The executor is responsible for paying any debts, including taxes, owed by the decedent before any assets can be distributed. If the debts are not paid and assets are distributed the executor can be held personally responsible.


Can the executor pay for work needed on properties?

The executor is responsible for the assets of the estate. That would include taking care of the property taxes, upkeep and maintenance. The executor is not personally responsible for the bills, the estate is.


Is the executor of the will responsible for debt in excess of value of estate?

No, the executor is not personally responsible. The estate has the responsibility to resolve the debts. If the assets are not adequate to resolve them, they have to be written off.


Is a executor of a will responsible for all the bills of a estate?

The executor is not personnally responsible. The estate is responsible to pay off the debts. If the assets are not sufficient to pay off the estates, they do their best and get the court to agree.