An executor is a person or institution appointed to manage the estate of someone who has passed away. Their main responsibilities include ensuring that the deceased's wishes, as outlined in their will, are carried out. This can involve settling debts, distributing assets to beneficiaries, and handling any legal matters related to the estate.
The role of an executor is crucial in the probate process, which is the legal procedure for validating a will and distributing an estate. Executors must be organized, trustworthy, and often work closely with lawyers and accountants to fulfill their duties effectively.