Executor

Executor
An Executor of a will is the person appointed in the will to deal with the estate of a person who has died. This is often a family member or a solicitor.
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Executors are people who are given the task of ensuring that your wishes are carried out after you're gone. It's largely a thankless task and you should think carefully about who to appoint. Executors may be your children, a solicitor, or a bank.

executory
not fully accomplished or completed, but contingent upon the occurrence of some event or the performance of some act in the future; not vested; opposite of executed.
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EXECUTOR - a legal entity, frequently an individual, known before death to a testator, who is named in ...
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Executors and trustees. If you are not in the business of being a professional fiduciary, fees you receive in these capacities are treated as "other income" to be reported on Line 21 of Form 1040.

Executor - an individual or a bank named in a will whose function is to distribute the funds and property in an estate to the rightful heirs.
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Executor
A person named in a will and affirmed by the probate court who has agreed to carry out its provisions as to the disposition of the deceased person's estate. The court will appoint an administrator if no executor is named.

Executor/Executrix:
The person named in a will to manage the estate of the deceased according to the terms of the will. Without a Will the function is performed by and administrator.
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Executor(s)
Individual(s) or company(s) who are appointed in a will to deal with the wishes of the deceased, in administering their estate.
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Executor: A court appointed individual (commonly referred to as a personal representative) or financial institution that is responsible for administering an estate.
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Executor
A distribution to shareholders from tax-exempt interest earned by a fund.
Exempt interest dividend
An individual or institution named in a will and appointed by a court to settle the estate of a deceased.

Executor
A person appointed by the last will of the deceased to carry out the provisions of the will.
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Executor - The person who has the power to distribute the assets in your estate according to the instructions in your will.
Expiry date - The date on which certain rights or contracts cease to exist.

executory contract - a contract in which some or all of the obligations of each party have not yet been completed. The debtor-in-possession (or trustee) is allowed to reject unilaterally certain executory contracts.

EXECUTOR:  The person named in a will to carry out the decedent's wishes for the distribution of his or her assets; the executor fulfills his or her duties under court supervision.

EXECUTOR
A person appointed by a testator to carry out the directions and requests in his last will and testament, and to dispose of his property according to the provisions of the will. A female executor is called an executrix.

Executor: A person named under a will to administer the distribution of the deceased's assets as directed by the will. An executor is often a family member, a trusted friend, or a bank trust officer.

Executor/Executrix
When you die, your executor administers your estate and follows the directions provided in your will.

Executor
An individual or trust institution nominated in a will and appointed by a court to settle the estate of a deceased person.

executor: The person or firm appointed by an individual and named in a will to administer the estate.
exemption: A tax deduction taken by an individual, a spouse, and each dependent.

Forex Executor: What Makes This System Different?
Most people interested in the foreign currency exchange market are familiar with the proliferation of trading robots that have hit this market in recent years.

Find an executor
Once you've decided that you're ready to write a will, you'll have to make certain choices. The first is to find an executor -- someone who will handle your estate and follow the requests of your will once you're gone.

Executors for nonresidents must file an estate tax return, Form 706NA, United States Estate (and Generation-Skipping) Tax Return, Estate of a nonresident not a citizen of the United States (PDF), if the fair market value at death of the decedent's U.

EXECUTOR
An individual that is named by the deceased in the will to settle the estate. Also see administrator.
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Executor
Any individual(s) appointed in a will, and confirmed by the court to administrate and distribute assets within the decedent's estate.
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Executor
A person named in a will to administer an estate. The court will appoint an administrator if no executor is named. "Executrix" is the feminine form.

Executors, trustees, guardians, and agents with powers of attorney are examples of individuals with fiduciary responsibility. Firms known as registered investment advisers (RIAs) are also fiduciaries.
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Executory contract
An executory contract is a contractual obligation that does not become a financial statement liability until one of the participating parties consummates or carries out the contract.
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Executor/Executrix
When you die, an executor (male) or executrix (female) administers your estate and carries out the terms of your will.

See: Executor
ADR (American Depository Receipt)
Receipt for shares of a foreign-based corporation held by a US banking institution. ADRs are created to facilitate transactions and transfers of ownership of foreign securities in the United States.

Can an executor of a will decide the value of an asset? Read answer...
Why do assets lose value? Read answer...
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the position of executor, unless being an executor is a part of the person's normal business
the position of juror
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Letter of Testamentary A certificate issued by the court evidencing the appointment of an executor of estate.

Equity Method of Accounting Equity Securities Error Escrow ESOP Estate Tax Estimated Tax Estimation Transactions Evidential Matter Exchanges Excise Tax Excluded Income Exclusions Executor ...

This does not exclude the presence of "active investors", who still keep under control their investments; and of the so-called "self confidents", for whom a private banker is merely an executor of previously taken financial (or non-financial) ...

The feminine form of executor....(Read more)
Exemption
An allowable expense subtracted from gross income to reduce income tax liability. An exemption can be classified as either personal or depe...(Read more)
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Executor - A person named in a will to carry out its terms. The administration of an estate involves collecting assets, preparing an inventory of estate assets, satisfying claims made by creditors, preparing and filing tax returns, ...

the guarantee is irrevocable by the surety himself, it can be revoked by express notice after his death, or, it would appear, by the creditor becoming affected with constructive notice thereof; except where, under the testator's will, the executor ...

representative One who is authorized to act on behalf of another, such as an executor or a trustee. repudiate Deny or reject. repurchase agreement A contract in which the seller of securities, such as Treasury Bills, agrees...

Since most business opportunities, at least initially, open with less than 100 employees (many are simply the owner, as sole owner and executor of all business "chores"), ...

Administrator
a) A person appointed by a court to administer the estate of a person who has died without leaving a will, or where the appointed executor is unable or unwilling to perform the task; b) a person appointed by a regulatory authority ...

As a Trustee of a decedent's trust or as a personal representative or executor of a decedent's probate estate, you may be required to sell the decedent's real estate.

How To Choose The Right Executor For Your Estate
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4 Things To Consider Before Becoming An Estate Executor
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Fiduciary: A person, such as a trustee, executor, personal representative or administrator, who is legally required to act in good faith and in the best interest and trust of a beneficiary or minor.

Undertaking to act as executor, administrator, guardian, conservator, or trustee for a family trust, authorized trust, or testamentary trust, or receiver or trustee in bankruptcy.
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Fiduciary. An individual or institution occupying a position of trust. An executor, administrator, or board of directors. Hence, "fiduciary" duties.
Financial Disclosure. The financial information a company presents to outside parties.

A certificate issued by the court evidencing the appointment of an executor of estate.
Letter of Transmittal
A document used by security holder to accompany certificates surrendered in an exchange or other corporate action.
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Examples: executor, guardian, power of attorney; but not husband, wife, next of kin, etc. On corporate registrations, a manual signature in the name of the corporation is acceptable.

Letters Probate: A certificate of authority to administer a particular estate, issued to an executor by a proper court.
Level Playing Field: A competitive arena in which no player has an unfair advantage.

Fiduciary
An individual, company, or association that manages assets for another party. Fiduciaries include executors of wills and estates, trustees, receivers in bankruptcy, and those responsible for managing the finances of a minor.

Fiduciary - An individual or institution responsible for holding or administering property owned by another. An executor, guardian, trustee, and administrator are examples of a fiduciary.
Field research - Primary research.

Estate: All property and debts left by a deceased person managed by an executor chosen by the deceased.

Person responsible for the safekeeping and management of assets belonging to a third party. As the case may be, an administrator can be referred to as an estate executor (liquidator under the Civil Code of Quebec), ...

A person appointed by the Court to settle the estate of a person who dies without a will. The feminine form is Administratrix. Related: executor.
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The basis of inherited property is stepped-up to its value on the date of death of the owner, or a slightly later date if chosen by the executor of a taxable estate. In other words, tax on any appreciation during his or her lifetime is forgiven.

Property that qualifies for the marital deduction provided the property passes from a decedent to a surviving spouse, the surviving spouse has a qualified income interest for life in the property and the executor of the decedent's estate makes an ...

A person or institution who manages property for others and is obligated to exercise a certain standard of care regarding such management. Executors of estates, trustees of trusts, and receivers in bankruptcy are examples of fiduciaries.

The fiduciary is charged with the responsibility of investing the assets wisely for the beneficiary's benefit. Examples of fiduciaries include executors of wills and estates, trustees, ...

A will is also usually held in this way so that it may be handed to the executor on the customer's death. Deed boxes are always described as "contents unknown to the bank." Most institutions charge a fee for this service.

The trustee can manage the affairs of a beneficiary (possibly managing a trust account), invest, manage or distribute property, be an executor of a will, receive property in a bankruptcy, be the agent for bondholders in a bond issue, etc.

See also: Expense, Banks, Compensation, Life insurance policy, Saving