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Settling an Estate: the Deadlines, the Costs, and the Executor’s Personal Risk

Updated July 31, 2026. Quick answer: settling an estate is a deadline problem before it is a money problem. Several clocks start at the date of death and run independently: the creditor claim window, the alternate valuation election, disclaimers, portability, and the final return. Missing them is how executors end up paying out of their own pocket, because an executor who distributes before creditors are cleared can be personally liable for what is left owing. The second problem is division: what actually passes by the will, what passes by beneficiary form regardless of the will, and what happens when several siblings inherit one house. Start with the deadline calculator if a death is recent, then the cost pages, then the division questions.

Deadlines and calculators after a death

What it costs, and what an executor is paid

Inherited property and dividing it

Everything else in settling an estate

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