Under the supervision of the competent court, an Executor shall have the duties and powers to: 1. Conduct an inventory of the testate property, receive and take possession of that property, collect any rights arising from the same and take any necessary action to preserve it, including entrusting it to a trustworthy person, initiating cases, dealing with government and non-government entities in respect of the implementation of the Will and representing the beneficiary of the Will in claims related to the Will. 2. Pay the beneficiary of the Will his necessary expenses from the testate property once the amount of these expenses is determined by the competent court. 3. Where the Will is encumbered with any rights, inform the creditors and the holders of these rights to submit their claims within ninety (90) days from the date on which the notification is published in two (2) local daily newspapers, one of which is in English. 4. Perform any obligations arising from the Will and make the necessary settlements in this respect, subject to obtaining the written approval of the competent court. 5. Subject to obtaining the approval of the competent court, take the necessary action to manage and invest the testate property, including by way of lease or mortgage of this property, whether by himself or through contracting any investment agents. 6. Appoint lawyers and seek assistance from experts and specialists to exercise his duties and powers and pay their fees and remuneration from the testate property, subject to obtaining the written approval of the competent court of the amount of these fees and remuneration. 7. Subject to obtaining the written approval of the competent court, sell any part of the testate property where the cost of maintaining this part exceeds its value, or where it is prone to damage or destruction. 8. Subject to obtaining the written approval of the competent court, hand over the testate property or any part thereof to the beneficiary.
Interpretation and application must be checked against the official text and current version.