An Executor is the person who carries out the terms of your Will and manages your other affairs after you die, including settling unpaid debts, notifying relevant people about your death and even filing a final tax return. You can name a family member, friend or even a lawyer to serve as Executor of your estate. Your Will can also state how much they are to be paid for the service, and this fee comes out of your estate. If you don’t name an Executor someone will need to apply to the Court to act as your personal representative or, if no-one applies, the Court will name an Administrator. Although it’s not essential, it’s a good idea to ask the person you’re naming as Executor if they are willing to take on the role.