Understanding Executors and Administrators: Key Roles in Estate Management

Definition & Meaning

Executors and administrators are individuals responsible for managing and settling the estates of deceased persons. An executor is appointed through a will by the deceased, known as the testator, to carry out their wishes as outlined in the will. An administrator, on the other hand, is appointed by the court to manage an estate when there is no will, known as an intestate estate. Both roles involve similar responsibilities, including gathering and protecting estate assets, paying debts, and ensuring compliance with tax obligations.

Table of content

Real-world examples

Here are a couple of examples of abatement:

Example 1: Jane's father passed away and left a will naming her as the executor. She is responsible for managing his estate, paying off debts, and distributing assets to her siblings as outlined in the will.

Example 2: Mark died without a will. The court appointed his sister as the administrator to settle his estate, which includes paying off his debts and distributing his assets according to state intestacy laws. (hypothetical example)

State-by-state differences

Examples of state differences (not exhaustive):

State Executor/Administrator Appointment Process
California Executors must be named in the will; administrators are appointed by the court.
New York Executors must file the will with the court; administrators are appointed if no will exists.
Texas Executors are named in the will; administrators are appointed through a court process.

This is not a complete list. State laws vary, and users should consult local rules for specific guidance.

Comparison with related terms

Term Definition Key Differences
Executor Person named in a will to manage the estate. Chosen by the deceased; has authority based on the will.
Administrator Person appointed by the court to manage an intestate estate. Appointed when there is no will; follows state laws.

What to do if this term applies to you

If you are named as an executor or need to serve as an administrator, consider the following steps:

  • Gather the necessary documents, including the will and death certificate.
  • Consult with an attorney to understand your responsibilities and legal obligations.
  • Explore US Legal Forms for templates that can assist you in managing the estate efficiently.

If the situation seems complex, seeking professional legal assistance is advisable.

Quick facts

  • Executor: Appointed by the will.
  • Administrator: Appointed by the court in intestate cases.
  • Responsibilities include asset management, debt payment, and tax filings.
  • State laws govern the appointment process and responsibilities.

Key takeaways

Frequently asked questions

An executor is named in a will, while an administrator is appointed by the court when there is no will.