An Executor (male) or Executrix (female) is a person designated to carry out the wishes expressed in a Will regarding the administration of an Estate and the distribution of the assets.
Circumstances that arise if a will covers only part of the estate of the deceased, leading to a mix of estate distribution based on the will and the rules of intestacy.
Per stirpes is a method of estate distribution that ensures the descendants of a deceased heir receive their portion of the estate.
A remainderman is the beneficiary entitled to the remainder or residue of an estate once expenses, specific legacies, and inheritance taxes have been satisfied. This term often comes into play in the context of trusts and will estates, designating who receives property after the preceding estate benefits or interest.
