Executor
The person named in a will to carry out the instructions in the will and manage the estate through the probate process. Also called a personal representative in many states.
Legal Definition
A person or institution nominated in a will and appointed by the probate court to administer the decedent's estate, including gathering assets, paying debts, filing tax returns, and distributing the estate according to the will.
Practical Example
Karen's will names her oldest son, Michael, as executor. After Karen dies, Michael files the will with the court, gets appointed, then handles selling her house, paying her final bills, and dividing her assets among the three siblings.