What are the responsibilities of a Pennsylvania Executor or Administrator?
First and foremost, Executors or Administrators of estates in Pennsylvania are fiduciaries. This means that Executors and Administrators have a legal obligation to make sure that the estate is administered properly. If the estate is not handled properly, the Executor or Administrator may be held personally liable for any issues that arise during their tenure. While their specific responsibilities may vary from case to case, generally, Executors and Administrators are responsible for collecting estate assets, settling any debts, paying any taxes due, and distributing all remaining proceeds or property, if any, to the decedent’s beneficiaries or heirs. That seems simple enough, right?