Definition - What does Executor mean?

An executor is an individual tasked with ensuring that the wishes expressed in a will come to fruition. In this capacity, their responsibilities include but are not limited to collecting and safeguarding assets, identifying beneficiaries and unnamed heirs, addressing any debts owed by the estate, and handling related administrative tasks.

Justipedia explains Executor

In many cases, the person who creates their will chooses the executor. In circumstances where an executor hasn't been named, one can be appointed by a court.

There are few restrictions on who can serve as an executor. However, they are usually someone with relevant knowledge, such as an attorney or accountant. A relative can also serve as an executor as long as they are at least 19 and have never been convicted of a serious crime.

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