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 duties of your executor can vary depending on the complexity of your estate. Overall, the executor will manage your estate and ensure that everything is done according to the terms of your will.
Paying Off Debts of the Estate. A big part of the executors job is to settle the debts of the estate. Here's an overview on what you'll need to do. by Mary Randolph, J.D. One of the executorâs most important jobs is to pay the legitimate debts of the deceased person and the estate, using estate assets. How to Start.