MESNE PROFITS. The word âMesne Profitsâ can be understood as rents or profits accruing during the rightful ownerâs exclusion from his land. Justice Low of the British Columbia Court of Appeal adopted these words relating to âMesne profits.
The responsibility of the executor to the testator is to carry out his wishes as they were expressed in the will. This normally includes overseeing the funeral and disposal of the body, taking care of assets, preparing an inventory, paying taxes and debts, and distributing property to beneficiaries.
In general, your duties are to collect, protect, manage, and control the assets of the estate, pay the debts of the decedent, pay all taxes due from the decedent and the estate, and distribute the balance of the estate according to the will or, if there is no will, in accordance with the laws of intestate succession under the California Probate Code.