Who is described as a person named in a will to administer an estate?

The person named in a will to administer an estate is referred to as an executor. This individual is responsible for carrying out the instructions set forth in the will, managing the deceased’s assets, paying debts and taxes, and ensuring that the remaining assets are distributed to the beneficiaries as intended by the deceased.

An executor typically has a fiduciary duty to act in the best interest of the estate and its beneficiaries. This includes making important decisions regarding the settlement of the estate, which can involve anything from liquidating assets to maintaining property during the administration process. The executor's role is legally recognized, and they are often appointed by the deceased as part of their estate planning to ensure their wishes are honored after their passing.

In contrast, a trustee is typically appointed under a trust arrangement, a beneficiary is someone who receives benefits from the estate or trust, and a guardian is responsible for the care of a minor or an individual unable to care for themselves, none of whom perform the specific administrative functions of an executor.