Real Estate Glossary

What is Executor?

An executor is a person named in a will to handle the distribution of a deceased person's assets and property in accordance with the terms of the will. The executor is responsible for gathering the assets of the deceased, paying any outstanding debts, and distributing the assets according to the terms of the will. They also have a duty to disclose the assets of the deceased to any heirs. Executor may also be referred as personal representative, depending on the state laws.

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