Blog

What happens to everything you've worked so hard to build when you pass away? Your home, savings, retirement accounts, investments, and personal belongings all represent years of hard work and financial decisions. But have you ever considered what happens to those assets after you're gone? That's where today's financial word comes into play: Estate. What Is an Estate? An estate is the total collection of assets, property, and financial interests a person owns at the time.

Definition of Executor An executor is the person named in your will to manage your estate after you pass away. Their job? Handle your final financial affairs—think debts, taxes, and dividing up your assets to the people (or causes) you care about. But this isn't just a ceremonial title. The executor is the quarterback of your financial legacy. They make sure everything in your will is executed (hence the name). From closing bank accounts to selling property, from filing a f