Can an individual be both a beneficiary and an executor of a will?

Can an individual be both a beneficiary and an executor of a will?

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Madison
Assistant at Parklin Law

You may be wondering whether it is possible to be both a beneficiary of a will and an executor of that will. In short, yes, although it is advised to choose one or the other. Being a beneficiary and executor of a will can cause some complications, but it is possible for someone to serve in both roles. However, this requires more effort than simply choosing one or the other, especially since you are essentially signing on to be responsible for fulfilling your loved ones' wishes when they die.

Executor vs. Beneficiary

If you are named as an executor of your loved one's estate, you are responsible for making sure that their final wishes are carried out. The executor is also tasked with gathering information about the deceased's assets, paying any outstanding debts and taxes, and liquidating any property they owned in order to distribute it among their beneficiaries. If you are named as a beneficiary in the will, you simply receive what was left to you by the deceased upon their death. It is important to note that being named as an executor does not necessarily mean that you will inherit anything from the person who has passed away.

An executor is responsible for overseeing the distribution of assets (including paying the beneficiaries) after the death of the testator (the person who created the will). So if you were the executor, you would receive all those assets upon the testator's death, and then disburse them to the other beneficiaries, as instructed by the will.

If you have any questions or in need a Will and Estate Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.

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Parklin Law - Estate Planning

5772 W 8030 S, # N206

West Jordan UT 84081

(801) 618-0699

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Parklin Law
Estate Planning Attorney in West Jordan
https://parkin-law.business.site/

40.605070, -112.027530

Disclaimer: This is not legal advice and is simply an answer to a question and that if legal advice is sought to contact a licensed attorney in the appropriate jurisdiction.

Location: Alpine, UT 84004, USA

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