Who typically has the authority to settle a person's estate upon their death?

The authority to settle a person's estate upon their death is typically held by an executor or executrix. This individual is appointed through a will, where the deceased has designated them to manage the estate's affairs after their passing. The primary responsibilities of the executor or executrix include gathering the deceased's assets, paying any debts and taxes owed, and distributing the remaining estate to the beneficiaries according to the will's instructions.

This role is crucial because it ensures that the estate is handled in accordance with the decedent's wishes while adhering to legal requirements. The executor or executrix has the legal authority to take necessary actions, such as selling property, managing accounts, and resolving any disputes that arise during the settling of the estate.

While authorized agents, beneficiaries, and joint tenants may play roles in the estate process, they do not have the same level of authority or responsibility designated to execute the terms of the will and manage the overall estate. An authorized agent may assist but lacks the formal power of an executor. Beneficiaries receive assets but do not have the responsibility of managing the estate. Joint tenants may have rights to property during the owner's life, but their rights do not extend to settling the entire estate upon death.