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WA Continued Use of Bank Account by Executor of Will?

Discussion in 'Wills and Estate Planning Law Forum' started by Elspeth, 27 September 2014.

  1. Elspeth

    Elspeth Member

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  2. Sarah J

    Sarah J Well-Known Member

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    Hi Elspeth,

    Yes, the executor has an obligation to pay for all funeral expenses, debts, administration costs and testamentary costs of the will-maker (testator). This comes out of a specified account (assigned by the testator beforehand) or the residual estate (where the testator is silent). Essentially, the estate pays for these costs and the executor manages this.
     
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  3. Sophea

    Sophea Well-Known Member

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    In addition to Sarah J's comments above, regardless of whether they are a joint signatory to the bank account, the executor of an estate has a right to access to the testator's funds being either the allocated or residual for funeral expenses.
     
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