In estate planning, what role does an executor typically play?

The executor plays a crucial role in the management of an estate after an individual's death. This includes administering the estate, which involves gathering the deceased's assets, paying debts and taxes, and ensuring that the terms of the will are fulfilled as directed by the deceased.

While executing the terms of the will is part of the executor's responsibilities, stating that the executor primarily "executes the terms of the will" does not encompass the broader scope of their duties, which include managing the estate's finances and settling liabilities, ensuring that the final wishes of the deceased are honored in a comprehensive manner. The executor acts as a fiduciary, overseeing the entire process and ensuring compliance with legal obligations.

Although hiring legal assistance can be part of their role, it is a secondary task to managing the estate's administration and ensuring all debts are satisfied. Furthermore, distributing assets before the will is validated would undermine the executor's responsibility to comply with legal processes, as assets should be distributed only after validating the will through probate. Thus, outlining the executor's responsibilities accurately reflects their essential position in the estate planning process.