What is an estate executor? | Mylennium

What is an estate executor?

An estate executor is a fiduciary that is legally responsible for settling a deceased or incapacitated person's estate. If someone has a will, the person responsbile for settling the estate is typically referred to as an Administrator. If the individual is incapacitated the term Personal Representative is used, whereas if a trust is involved then the fiduciary is referred to as an Executor.  However, the term Executor is often generically used for an individual named in a will or trust to carry out the decedent's wishes.