What is the legal definition of an executor?
DEFINITION of ‚Executor‘. An executor is an individual appointed to administer the estate of a deceased person. The executor’s main duty is to carry out the instructions and wishes of the deceased.
How is an executor of a will appointed?
The executor is appointed either by the testator of the will (the individual who makes the will) or by a court, in cases wherein there was no prior appointment. An executor is the person who administers a person’s estate upon their death.
How long does it take to serve as an executor?
Service as an executor typically lasts around a year from start to finish, but the time varies depending on the size and complexity of the estate. While as an executor, you must act in good faith, that does not mean you have to act alone. In fact, it is best to hire an estate attorney to help you with all the legal issues that must be handled.
What to do if you are the executor of an estate?
Chances are if you are named as the estate executor, you were close with the deceased. It is not uncommon to still be in the grieving process during your service in this role. Therefore you may consider talking with a grief counselor or attending grief support group meetings during your service. 5. Plan and Manage the Funeral
What is an executor de son tort?
A person who deals with a deceased person’s property without proper authority is known as an executor de son tort. Such a person’s actions may subsequently be ratified by the lawful executors or administrators if the actions do not contradict the substantive provisions of the deceased’s will or the rights of heirs at law.
What is an executor testamentarius?
2. Executor testamentarius, or one appointed to the office by the last will of a testator, and this is what is usually meant by the term. 2.