What is an Executor? - Price and Price Law

Posted on December 14, 2018

What is an Executor?

An executor is the person named in the will to manage the decedent’s estate.  The executor is in charge of the estate administration process – i.e. doing the four things that must be done in every estate: collecting the assets, paying the expenses, paying the taxes and paying the beneficiaries.  There can be two people named to share the job as executor – referred to as co-executors. Co-executors have things a little difficult because they must do everything together – the law does not allow for one co-executor to act independently of the other one.

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