You've received the dubious honor of getting named as executor to the estate of a friend or loved one. Now, you have to figure out how to handle their estate, which can often seem overwhelming for those with no prior estate experience. Although there is a lot of work to do, the good news is that most of that work is straightforward and while potentially tedious, simple.
Other than reading the will itself and verifying its accuracy and validity, the single most important thing you do will likely be creating an inventory of all of the assets as well as the debts and liabilities of the estate. Here are a few tips to make sure that this process goes smoothly.