A will administrator is an individual appointed to administer the last will and testament of a deceased person.
The will administrator’s duty is to distribute the estate per the intestacy laws.
The will administrator gets appointed by the court system.
An administrator is a court-appointed person who handles the financials of a deceased person.
The administrator will organize the estate and settle debts, expenses, and other obligations.
The administrator will also distribute the remaining assets per the will.
If there was no will, they will distribute assets per intestacy laws.
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:
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.
If there is a will, the will administrator will distribute the estate per the will.
If there is not a will, the administrator distributes the estate per intestacy laws.
The roles of a will administrator are: