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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.
Purpose. The executor of an estate has several duties. For instance, a typical executor is responsible for making an inventory of the estate, contacting creditors and beneficiaries, paying the estate's bills and making sure each beneficiary receives what the will leaves for him.n executor of a will generally receives compensation for his work. Each state has laws that govern how an executor is paid. The executor is paid out of the probate estate, rather than from the pockets of the beneficiaries, and may be paid a percentage of the estate, a flat fee or a hourly rate, depending on state law.