What is the responsibility of the executor as designated in a will?

The role of the executor, as designated in a will, is primarily to execute the terms of the will. This involves overseeing the administration of the deceased person's estate in accordance with their wishes as laid out in the document. The executor is responsible for managing various tasks such as distributing assets to beneficiaries, managing any outstanding debts, ensuring that taxes are filed, and addressing any legal responsibilities associated with the estate.

Executing the terms of the will means that the executor must adhere to the specific distributions and instructions provided, handle the estate's financial matters, and ensure that the legal requirements are met. This key responsibility places the executor in a pivotal position in the estate settlement process, ensuring that the decedent's wishes are honored and that the estate is settled in a lawful manner.