Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHAT IS THE DIFFERENCE BETWEEN AN ADMINISTRATOR AND AN EXECUTOR?

0
Posted

WHAT IS THE DIFFERENCE BETWEEN AN ADMINISTRATOR AND AN EXECUTOR?

0

When a person dies without a will, the person appointed by the surrogate’s court to collect and distribute the decedent’s assets and to pay the decedent’s debts, including funeral expenses and taxes, is called the administrator. When a person dies with a will and that will is offered for probate, the person appointed by the court to perform the same duties as an administrator is called an executor. While an administrator receives letters of administration from the court and is required to distribute the decedent’s assets in accordance with the intestacy laws of New York, the executor receives letters testamentary from the court and is obligated to distribute the decedent’s assets in accordance with the wishes set forth in the will.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123