Executor

Executor of the will

There is no legal executor of the estate unless one is appointed by the testator in the will.

The executor is an “Albacea” and/or “Contador Partidor”. The latter has the task of sharing out the estate.

Albacea y Contador Partidor can be the same person.

The best advice in ordering your own inheritance is to appoint a Contador Partidor.
However, there are some actions he or she can not undertake.

A Contador Partidor can not:

Sell any assets. Only an Albacea will be entitled to sell but if there are beneficiaries with a reserved share, their consent will be needed.

Pay the deceased’s debts. He can, however, give certain assets to some beneficiaries to sell and pay off existing debts.

Contact us for specific personal advice for your individual case