Wright Abshire, Attorneys, A Professional Corporation
Houston: 713-660-9595
The Woodlands: 936-273-2773
Fayette County: 979-278-4095

Considerations before becoming the executor of someone's estate

Being named as the executor of an estate is considered an honor by some Texas residents. However, with the title of executor comes various responsibilities as well. Therefore, a person might find out that they don't really want to be saddled with the responsibility of settling someone's affairs after they've passed on. If estate affairs aren't handled properly, the executor of the estate could end up being sued by beneficiaries and creditors.

It might be a good idea for executors of estates to seek out the services of a lawyer, especially if they foresee that the estate administration process might become contentious. Plus, executors have to deal with the issue of probate, which consists of paying an estate's taxes and final bills as well as determining the valuation of the estate's assets for distribution among heirs.

Additionally, executors of estates are in charge of taking care of all paperwork pertaining to the estate. Tax records, wills, trusts and bank accounts are all the responsibility of the executor. Executors are also responsible for informing all necessary parties of the deceased person's death, such as the Social Security Administration, creditors and insurance companies. Additional duties of an executor include collecting debts that are owed to the estate, locating all assets belonging to the estate and notifying the heirs of any bequests that they're entitled to.

Being the executor of an estate can be a time-consuming legal process that spans months or even years. As such, it's permissible for the executor to charge a fee to an estate. However, before an individual agrees to be the executor of an estate, they should ensure that they fully understand the responsibilities that come with the title. They might also want to seek the services of a probate lawyer to assist them with tasks that they're unsure about in order to avoid any legal complications.

Source: KDH News, "Should you become executor of someone’s estate?", Jason Alderman, August 18, 2013

No Comments

Leave a comment
Comment Information

We Believe in Client Satisfaction Here is what our clients say about our hands-on approach to elder law and estate planning.

  • Thank you for your caring expression of sympathy. But more importantly, I want you to know how much your warmth as human beings has been palpably present in all the social and business intercourse we have experienced with you. Your willingness to allow yourselves to be completely human as you ply your trade adds a dimension to your professional stature which is unparalleled by most of your profession. Please don't change. You stand head and shoulders above the crowd. - L.T
  • Everyone in the firm was extremely cordial, courteous and professional, which made our family feel at ease knowing that our needs would be expertly managed. - R.L.
  • Everyone I came in contact with were kind and helpful. They were so professional as well as personable. I loved them. - J.B.
  • Very helpful in a family time of need. Excellent staff and service. After dealing with the State I have no idea how anyone could take this journey without the law firm's services. - L.N.
  • The firm did all things especially well. I was always impressed by the competent manner in which everyone worked and was confident that it would be "mission accomplished..." – J.T.
  • No detail was overlooked. Everything went very well. We feel so fortunate that your firm is well informed, capable and willing to do so much for us. I can't thank you enough for everything! - N.C.
Learn More
Email Us for a Response

Have a question about elder law in Texas? We can help. Schedule A Consultation Now

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

"The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form."

Contact Our Texas Elder Law Attorneys Today We have 3 locations to better serve you. Contact our office closest to you.

Bellaire Office
4949 Bissonnet Street
Bellaire, TX 77401

Phone: 713-660-9595
Fax: 713-660-8889
Bellaire Law Office Map

Bellaire Office

The Woodlands Office
3117 College Park Drive, Suite 240
The Woodlands, TX 77384

Phone: 936-273-2773
Fax: 713-660-8889
The Woodlands Law Office Map

The Woodlands Office

Carmine Office
1055 Deer Haven Road
Carmine, TX 78932

Phone: 979-278-4095
Fax: 713-660-8889
Carmine Law Office Map

Carmine Office
Back To Top