noun a female executor, especially of a will
An executrix is a female executor, a person appointed by a will to carry out the terms of the will.
In estate planning, an executrix may be designated to handle the distribution of assets according to the deceased person's wishes.
In probate proceedings, the executrix is responsible for managing the deceased person's estate and ensuring that debts and taxes are paid before distributing assets to beneficiaries.
An executors is a person named in a will to carry out the terms of the will. An executors is responsible for managing the deceased person's estate, including distributing assets to beneficiaries and paying off debts.
An executors is responsible for preparing and filing the deceased person's final tax returns and ensuring that any taxes owed by the estate are paid.
An executors may be involved in selling any real estate owned by the deceased person as part of the estate settlement process.
An executors may work with a financial planner to ensure that the deceased person's investments are managed properly and that any necessary distributions are made to beneficiaries.