What is an Executor?
When you die (fingers crossed that does not happen) you need someone to step up and sort out your affairs. An executor is what we call that person. It can be someone you know, or someone you hire. It is their job to make sure that everything you specify in your Will is done.
An Executor (or Fiduciary) is the person (or organization) that you nominate to carry out the instructions of your will. Generally you would nominate at least two executors, in case one is unavailable. Obviously it would be best to get the approval of potential executors before you nominate them in your will.
Executors can be individual people … a friend, a relative or your attorney, or they can be an organization … a trustee company or a public trustee. Beneficiaries of the will are not exempt from being Executors. Unless specified in the will; Executors cannot charge for their work.