We will work through a comprehensive example of the steps involved in settling an estate to examine: (1) What are the key responsibilities of an executor? (2) Where can things go wrong? (3) What are the rewards for a job well done? We will go through the main steps that an executor takes: (a.) probating the Will; (b.) collecting, safekeeping and valuing assets; (c.) paying debts, estate expenses, and filing death tax and other tax returns; (d.) distributing estate assets to the beneficiaries. You will leave with an appreciation of the risks of serving as an executor, how an executor can mitigate those risks, and how an executor is compensated.