An Administratrix refers to a female administrator, often designated by a court to manage the estate of a deceased person when there is no will or other legal representative available.
An executor is an individual named in a will to administer the estate of the deceased according to the terms stipulated in the will. The executor ensures that the estate is distributed to the beneficiaries as per the decedent's wishes.
An Executrix is a woman appointed by a will or a legal document to execute the last wishes and directives of the deceased, handling the distribution of the estate and ensuring all legal and financial responsibilities are met.
With over 3,000 definitions (and 30,000 Quizes!), our Lexicon of Real Estate Terms equips buyers, sellers, and professionals with the knowledge needed to thrive in the real estate market. Empower your journey today!