Executors play a crucial role in ensuring a deceased person's wishes are carried out. The responsibilities are significant and legally binding.
Locate and secure the will
Task: Find the original will, confirm you're the executor, and take steps to protect the deceased's assets.
Arrange the funeral
Task: Organise the funeral according to any wishes expressed, or make appropriate arrangements if none specified.
Apply for probate
Task: Lodge the will with the Supreme Court and obtain a Grant of Probate — legal authority to act.
Notify relevant parties
Task: Inform banks, super funds, insurers, government agencies, employers, and service providers of the death.
Identify and value all assets
Task: Create a complete inventory of everything the deceased owned and obtain valuations where needed.
Pay debts and liabilities
Task: Settle outstanding bills, loans, credit cards, and taxes before distributing anything to beneficiaries.
Lodge final tax returns
Task: File the deceased's final personal tax return and any trust/estate tax returns required.
Manage assets during administration
Task: Maintain property, manage investments, and keep assets secure until distribution.
Distribute the estate
Task: Transfer assets to beneficiaries according to the will, obtaining receipts for each distribution.
Keep detailed records
Task: Document every decision, payment, and distribution. You may need to account to beneficiaries or the court.
Thinking of naming an executor? Make sure they understand the role
Choose someone who's organised, trustworthy, and capable of handling complex administrative tasks.
Start Your Will Checklist →Sources
- Australian Law Reform Commission — Executor Duties
- State Trustees Victoria — Executor Responsibilities
- NSW Trustee & Guardian — Guide for Executors
- Public Trustee Queensland — Executor Handbook