Estate Planning

Executor

Definition

What is Executor?

The person responsible for administering an estate according to a will and law.

Example in practice

The executor gathers assets, pays debts, and distributes the remainder.

Keep learning

The property, investments, rights, and obligations left by a person at death.

Arranging ownership, beneficiaries, documents, and taxes for incapacity or death.

A legal document directing how a person's estate should be handled after death.

The tendency to feel losses more strongly than equivalent gains.

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