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If no executor is named in a will, a probate judge will appoint one. Probate refers to legal procedure for orderly distribution of property in a person's estate.

Responsibilities usually undertaken by an executor include:

Paying valid creditors

Paying taxes

Notifying companies and other agencies of death

Cancelling credit cards, magazine subscriptions etc.

Distributing assets according to will

Here are basic elements generally included in a will:

Your name and place of residence

A brief description of your assets

Names of spouse, children and other beneficiaries, such as charities or friends

Alternate beneficiaries, in event a beneficiary dies before you do

Specific gifts, such as a car or house

Establishment of trusts, if desired

Cancellation of debts owed to you, if desired

Name of an executor to manage estate

Your signature

Witnesses' signatures

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