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what is the executor in accountancy


muthukumarmk9253878 8th Oct, 2021
Answer (1)
Raj 9th Oct, 2021

Hello student ,

An Executor is a person named in the will of a deceased person to administer his estate after his death . The executor derives title and authority from the will for the purpose of administration of the property of the deceased. But before acting upon the will he must obtain a Probate from a competent court of law.

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