An executor is an individual or institution appointed in a will to manage the deceased's assets, pay debts, and distribute the remaining assets to beneficiaries. The executor must act in the best ...

New Jersey is considered a "probate friendly" state since the executors are not required to obtain court approvals for most actions. However, if the executor is not complying with state law, in N.J.

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Serving as the executor of an estate is not just an ...