Being appointed as the executor of an estate is often seen as an honour. It signals trust, responsibility, and recognition from a loved one. However, what many people don’t realise until they’re in the role is just how complex, time-consuming, and emotionally demanding it can be.
Executors are responsible for overseeing the distribution of a deceased person’s assets according to their will, ensuring debts are paid, and making sure the wishes of the deceased are properly carried out. While this may sound straightforward, in practice it can become a lengthy and complicated process.
The role also comes with a significant personal cost. Executors often juggle administrative duties alongside their own jobs and families. They may encounter delays, disputes, or unexpected complications. In some cases, the strain can harm relationships with family or friends if beneficiaries feel left out, overlooked, or impatient.
Common Complications Executors Face
An executor’s role can involve dealing with numerous third parties. These may include banks, the Australian Taxation Office (ATO), real estate agents, insurers, utility providers, and superannuation funds. On top of this, executors must keep beneficiaries updated—some of whom may be impatient or unhappy with the process.
Typical tasks include:
- Organising the funeral and liaising with service providers.
- Applying for and obtaining the official death certificate.
- Locating the will and confirming beneficiaries.
- Gathering financial, legal, and personal documents.
- Paying off outstanding debts and taxes.
- Taking an inventory of estate assets.
- Securing and maintaining estate property.
- Claiming insurance and superannuation benefits.
- Distributing the estate in accordance with the law and the will.
Along the way, executors may face significant risks:
- Financial liability – Executors can be held personally responsible for mistakes made during administration.
- Delays in superannuation claims – Receiving death benefits often takes longer than expected, creating frustration.
- Risk of mismanagement – Failure to secure or properly manage assets can lead to legal and financial consequences.
- Penalties – Administering an estate too slowly, or distributing assets too quickly, can result in financial penalties or disputes.
How to Ensure a Smoother Process
If you are drafting your will, you can make life easier for your executor by planning carefully:
- Work with a probate lawyer or solicitor who specialises in wills and estate administration in your state or territory.
- Review and update your will, insurance policies, and superannuation death benefit nominations as circumstances change.
- Remember that superannuation is not automatically part of your estate; it requires separate arrangements.
- Discuss binding death benefit nominations with your super fund and financial adviser.
- Consider withdrawing superannuation benefits while you’re alive, if appropriate, to simplify administration later.
If you’ve been appointed as an executor, it’s wise to discuss these matters with the testator (the person making the will) and their solicitor ahead of time. This preparation helps minimise misunderstandings, protects you from liability, and reduces stress when the time comes.
Top 5 Tips and Considerations Before Accepting the Role of Executor
- Understand the Time Commitment
Administering an estate can take months or even years, depending on its complexity. Executors must devote significant time to paperwork, meetings, and communication with beneficiaries and third parties. If you’re already stretched thin, think carefully before agreeing. - Be Aware of the Legal and Financial Risks
Executors can be held personally liable for mistakes. For example, distributing assets before debts are paid can make you responsible for covering shortfalls. Seeking legal advice early helps protect you from costly errors. - Prepare for Family Dynamics and Disputes
Money and inheritance can strain even the strongest families. Executors often find themselves mediating between siblings or other beneficiaries. If family relationships are already tense, be prepared for the possibility of disputes, and know when to seek mediation or legal guidance. - Get Professional Support
While executors can handle many tasks themselves, it’s often beneficial to involve professionals. Solicitors, accountants, and financial advisers can help navigate taxation, probate applications, and investment of estate assets. This reduces the risk of errors and saves time. - Assess Your Capacity and Willingness
Being an executor is not an obligation you must accept. If the responsibility feels overwhelming, you can decline the appointment or step aside in favour of another executor. It’s better to be realistic about your capacity than to take on more than you can manage.
Final Thoughts
Taking on the role of executor is both a privilege and a burden. While it allows you to honour the wishes of someone you care about, it can also expose you to stress, conflict, and financial risk. Preparation is key—both for those drafting their wills and those appointed as executors.
If you are planning your estate, the best gift you can give your loved ones is clarity: a properly drafted will, up-to-date financial arrangements, and professional advice. If you are asked to serve as executor, take time to consider the role carefully. With the right preparation, support, and understanding of what’s involved, you can carry out the task successfully while minimising stress for yourself and your family.
If this article has inspired you to think about your unique situation and, more importantly, what you and your family are going through right now, please get in touch with your advice professional.
This information does not consider any person’s objectives, financial situation, or needs. Before making a decision, you should consider whether it is appropriate in light of your particular objectives, financial situation, or needs.
(Feedsy Exclusive)
Disclaimer: The information contained in this article is general in nature and does not take into account your personal objectives, financial situation or needs. Please consider whether the information is appropriate to your circumstance before acting on it and, where appropriate, seek professional advice.