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Finance: What is an Executor? 6 Views
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Description:
What is an Executor? An executor is someone who carries out a deceased person’s wishes as stated in their will or takes control of their estate and administers it appropriately. Most people name executors on their will and this way when they pass, they know they have left someone in control who is aware of what they want to happen to their belongings.
- Social Studies / Finance
- Finance / Financial Responsibility
- College and Career / Personal Finance
- Life Skills / Personal Finance
- Finance / Finance Definitions
- Life Skills / Finance Definitions
- Finance / Personal Finance
- Courses / Finance Concepts
- Subjects / Finance and Economics
- Finance and Economics / Terms and Concepts
- Terms and Concepts / Board of Directors
- Terms and Concepts / Regulations
- Terms and Concepts / Trading
Transcript
- 00:00
Finance a la shmoop what is an executor? executor.. not the dude in the mask [Man in a mask appears beside a man in a guillotine]
- 00:10
with the guillotine thing but it's kind of related that is after you die the
- 00:14
executor executes your wishes as spelled out in your will that is they make
- 00:19
certain known that kindly loving Aunt Milly inherits your beach house the one [Aunt Milly stood beside beach house]
- 00:23
with the red bondage gear in the back room
Full Transcript
- 00:26
yeah Aunt Milly I love her she could really crack a whip and then
- 00:31
grandpa chucks wishes well the executor takes the fourteen thousand shares of
- 00:36
appreciated Amazon stock and makes sure they're donated to the power tools for
- 00:41
Tots institution executor at work... and when that's all done the executor files
- 00:46
the appropriate paperwork with the state and anything else who needs to [People walking away from graveyard]
- 00:50
understand that you are in fact dead but their job does not extend to keeping you
- 00:55
in the grave should the zombie apocalypse happen in you escape [Grandpa Chuck appears as zombie from the grave]
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