The executor or administrator is responsible for all the following estate duties except

Question

Quizplus · Accepted Answer

The executor or administrator is responsible for paying the debts and taxes of the estate, collecting the assets, and distributing the property to beneficiaries. However, preserving the estate's existence as a separate taxpayer is not a duty of the executor or administrator. This is the responsibility of the estate's accountant or tax advisor.

The Executor or Administrator Is Responsible for All the Following