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Posts tagged "Estate planning"

Differences between estate executors and administrators

In New Jersey and elsewhere, people sometimes use the terms "executor" and "administrator" as though they're interchangeable regarding the estate planning process. However, they are not the same. Generally speaking, the two titles just mentioned refer to males designated to the positions while "executrix" and "administratrix" pertain to females, but for the purpose of this post, "executor" and "administrator" refers to both. When someone asks you to be one or the other, it's crucial you understand the roles and duties assigned to each before agreeing to accept the responsibility.

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