The obligations and Duties of an executor in the Australian Capital Territory

The obligations and duties of an executor in the Australian Capital Territory include: (a) the effect of publishing a Notice of Intended Distribution; (b) advice regarding the fact that the funeral account has been paid prior to a grant, from proceeds of sale of an estate asset and that surplus funds have not been collected by the estate;

(c) the time for distribution – executor’s year and interest;

(d) the prudence of obtaining beneficiaries’ receipts given that beneficiaries are family members and a charity.