personal representative

Show Summary Details

Quick Reference

A person whose duty is to gather in the assets of the estate of a deceased person, to pay any liabilities, and to distribute the residue. Personal representatives of a person dying testate are known as executors; those of a person dying intestate are known as administrators.

Subjects: Financial Institutions and Services.

Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.