Arrange the funeral in conjunction with close family (funeral directors need to be sure)

Prepare an inventory of the assets of the deceased

Identify the liabilities of the deceased

Apply for a Grant of Probate

Payment of the debts of the estate

Identify any tax savings opportunities – these can be substantial

Arrange for lodgement of tax return(s)

Protect the assets of the estate, and

Distribute the assets in accordance with the Will.

Generally speaking, the executors must act with due care and responsibility or they may be liable to the beneficiaries of the estate.

An executor can also be personally liable if:-

a)      They distribute the estate prior to allowing for any challenges to the will, or

b)      They distribute the estate other than in accordance with the Will, although this can be done with consent.