The will administrator is responsible for making sure all assets in the estate are accounted for.
And, then, it’s their job to distribute the estate per the intestacy laws.
Sometimes there is a will and the courts still appoint a will administrator.
In this case, the will administrator distributes the estate per the will.
Assets that they distribute include things like:
- real estate
- retirement accounts
- brokerage accounts for stocks
- crypto wallets
- vehicles
The will administrator is also responsible for paying off debts.
These debts include money owed to creditors and taxes that are owed by the estate.