Found 1 blog entry tagged as executrix.

Real Estate Word of the Day: Executor

An executor or executrix is a person appointed by the deceased individual's will to carry out their final wishes and manage the distribution of their assets, which may include real estate properties. Executors are entrusted with the responsibility of ensuring that the deceased's estate is settled in accordance with the law and the wishes outlined in the will.


One of the first tasks an executor may have to undertake is to assess the value of the deceased person's real estate holdings. This is a critical step because it determines the overall worth of the estate and can impact inheritance taxes and other financial aspects. Executors are responsible for maintaining and preserving the real estate assets until they…

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