When drafting a Will in Cyprus, one of the key roles is that of the Executor—the person responsible for ensuring that the wishes of the deceased are carried out. Usually, duties of the Executor go far beyond simple administrative tasks. What are responsibilities of the Executor? Below are some of the key responsibilities an Executor […]
When drafting a Will in Cyprus, one of the key roles is that of the Executor—the person responsible for ensuring that the wishes of the deceased are carried out. Usually, duties of the Executor go far beyond simple administrative tasks.
What are responsibilities of the Executor?
Below are some of the key responsibilities an Executor may undertake. However, it is important to note that for certain tasks, an executor may engage professional specialists (such as lawyers, appraisers, etc.) to ensure proper execution.
Importance of your choice: choosing an Executor.
Mistakes in estate administration can lead to asset freezes and prolonged legal disputes. Experts at Main Partner Trust note that most clients choose either a responsible family member or a professional lawyer as their Executor to ensure a smooth and legally compliant process.
Choosing the right executor is crucial—your heirs’ peace of mind depends on it.
Remark: The content of this article was accurate at the time of the first publication. It provides general information on the subject matter and is not intended as legal advice. For specific advice on your situation, we recommend seeking professional counsel. If you have any questions or need further information, please contact our experts at contact@mainpartner.com.
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