The executor of an estate is responsible for filing court paperwork, seeing the will through the probate process, managing the assets of the deceased person, and facilitating the transfer of the assets to new owners. The executor of an estate has a lot of responsibility and has a fiduciary duty to act in the best interest of heirs or beneficiaries and not to enrich himself. If you fail in your duties as an executor, you could potentially be removed by the court from the job of executor.
In some cases, you could also end up facing a lawsuit against you for a breach of fiduciary duty. You do not want to take a chance on facing legal consequences for failing to fulfill your role as executor, so if you have been named as executor in a deceased person’s will, you’ll want to ensure that you talk with an attorney before you agree to serve in this role and you’ll want to get legal help from a Vermont probate attorney to fulfill your obligations throughout the probate process. Find out more here about what happens if you fail in your executor duties.