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Many states prohibit people who have felony convictions from serving as executor. In Indiana, you cannot name an executor who has been convicted of a felony under any federal or state law.
It is up to the executor to decide. If the ex â¦ ector decides to administer the estate, he or she can be paid a fee (amount varies by state and county). The executor is not a beneficiary and the beneficiary is not the executor.f an â¦ executor decides to sell it instead and give the cash to the beneficiary, the beneficiary can reject that decision and insist on receiving the asset itself rather than a cash equivalent. Also, in some states, residuary beneficiaries are entitled to receive things like stocks and bonds in kind.