Definition of executor/executrix

administrator of the estate who gathers the estate assets; files the estate tax returns and final personal income tax returns, and administers the estate; pays the debts of and charges against the estate; and distributes the balance in accordance with the terms of the will. The executor's responsibility is relatively short term, one to three years, ending when estate administration is completed. An executor (executrix if a female) may be a bank trust officer, a lawyer, or a family member or trusted friend.