If you have been named executor in someone’s will, it is a sign that person had great trust in you. It’s understandable to be honored, but it is also a time to be careful to make wise decisions to avoid common mistakes.
One of the most important choices Ohio residents will have to make about an estate plan is who will serve as executor. The executor will be responsible for handling all of the estate owner's affairs after death. If an estate owner dies without a will specifying an executor, an administrator will be designated by the probate court.
If an estate holder creates a will, it will be authenticated and its instructions followed during probate. Probate is also used to determine how much an estate is worth and pay any taxes or other debts that an estate owes. For Ohio residents, state law will specifically determine how the probate process is conducted.