what does an executor do? how to appoint him or remove him? what else do you know about executor other than that?
how bout administrator? how to appoint him or remove him? what does he do? anything you guys know about him?
it is something to do with probate, but I don't quite get it.
any1 can help me?
2007-08-29 04:57:30 · 2 answers · asked by Yvonne 4 in Politics & Government ➔ Law & Ethics
Probate is short for a 'Grant of Letters Probate' which is issued by a court to allow an Executor (personal representative of the deceased, named in the Will) to distribute a deceased person's assets to beneficiaries in accordance with his Will.
An Administrator is appointed by the court if there is no Will or if the Executor named in a Will is dead, or otherwise unable to act. The Administrator does the same job as an Executor: distributes the assets of the deceased to his rightful heirs.
2007-08-29 06:56:58 · answer #1 · answered by Mindlink 5 · 1⤊ 0⤋
I believe an Executor and Administrator are the same. With the possible exception that an Administrator can be named to handle things while a person is still alive and have Power of Attorney. The executor of an estate takes care of any bills left after the death of a person. They monitor the division of properties left in a will. Most times, they get a percentage of the estate for having this position. The person who is named executor is usually appointed by the deceased in their will. A court may also appoint this position if not taken care of beforehand. You can contact your local Probate Court for all the details.
2007-08-29 12:28:08 · answer #2 · answered by sensible_man 7 · 0⤊ 0⤋