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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.
Executor's Role. An executor collects estate assets and transfers inheritances to the beneficiaries as directed by the will. The executor manages and protects assets â for example, making sure the decedent's home is secured â until assets can be passed to beneficiaries or sold and the proceeds given to the beneficiaries.