What are the duties of an executor/administrator?

1. Giving notice to interested parties and filing an affidavit of notice.
2. Filing income, inheritance, or estate taxes with the federal or state government.
3. Filing an inventory no later than four months after the qualification date and filing a settlement of account or statement in lieu of accounts no later than 16 months after the qualification date with the Commissioner of Accounts Office (not the circuit court clerks office), until the estate is closed.
4. Notifying the Commissioner of Accounts of any change of the Fiduciary’s address.
5. Paying all Probate Taxes due to the Clerk of the Circuit Court.
6. Payment of debts in the order set forth by law.
7. Disbursing any remaining assets according to the will or to the heirs at law.

More Estate and Trust Administration FAQs

• Are holographic wills legal in Virginia?
• How long does it take after qualification to complete the probate process?
• Is an executor or administrator compensated?
• Should a will be kept in a safe deposit box at a bank?
• What are the duties of an executor/administrator?
• What does dying testate or intestate mean?
• What is a self-proving will?
• What is the procedure to probate an estate with a will?
• What should the prospective executor/administrator bring to qualify?
• What taxes and fees are associated with probate?
• When is it necessary to probate an estate?
• Where should I go to qualify as a personal representative for an estate?
• Who inherits the property of an intestate (person dying without a will)?