What Do I Need to Know to Be a Great Executor?

An executor manages the affairs of a deceased person’s probate estate. Since a deceased individual cannot own property, all assets must be legally transferred to living beneficiaries.

The term “executor” applies to anyone serving in this capacity. The older term “executrix” was used for women, though “personal representative” or “administrator” are now preferred gender-neutral alternatives, particularly for intestate estates.

Your executor should be aware of these key items:

Location of Original Will

Identify where your will is kept or provide your attorney’s contact information. Avoid placing it in a safe deposit box, as access becomes complicated after death.

Notification Contacts

List all people who should be informed, including physicians, human resources departments, and organizations you belong to, along with contact details to facilitate communication.

Passwords and Access Codes

Provide a comprehensive list covering email, social media, bank accounts, and other online services, plus instructions for handling these accounts and devices.

Distribution of Personal Items

Detail what happens to non-financial possessions like recipes, photographs, and mementos, ensuring meaningful items pass to future generations as intended.

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