If you have been named the executor of the estate of a loved one you may be wondering what responsibilities may fall to you should your loved one pass. Here are some of the things to expect if you are appointed the executor of a will.

First: Take Your Time

There is no hurry in administering a will. If your loved one recently passed on you will be emotionally affected. Make sure that you take enough time to finish grieving before entering into estate administration. This will keep your mind as clear as it can be when making any decisions that need to be made.

Secure Tangible Assets

Start by taking an inventory of all of the property. While this may be difficult to do, try to do it as soon as you can to ensure things do not go missing or neglected. Make a list of anything that may have value above the sentimental. If need be, set aside things that need appraisal to have it done when the estate is being settled.

Contact Your Legal Representative

Once you have taken inventory of all of the assets it is now time to get legal assistance involved. Have your legal representative, or that of your loved one, begin by opening the will and taking stock of your loved ones last wishes. The exact steps after that will vary from state to state, but your lawyer will help you navigate them.

Contact Stano Law group for legal assistance in administering a will or having a will drawn up for you or a loved one.