ShmoopTube

Where Monty Python meets your 10th grade teacher.

Search Thousands of Shmoop Videos


Regulations Videos 358 videos

Finance: What is Rescission?
6 Views

What is rescission? Hit play to find out.

Finance: What is Material Information?
8 Views

Materials information is important information pertaining to a securities transaction.

Finance: What is Arbitration?
5 Views

What is Arbitration? Arbitration is like court for the financial world. It is used to settle disputes between investors and their brokers. An inves...

See All

Finance: What is an Executor? 6 Views


Share It!


Description:

What is an Executor? An executor is someone who carries out a deceased person’s wishes as stated in their will or takes control of their estate and administers it appropriately. Most people name executors on their will and this way when they pass, they know they have left someone in control who is aware of what they want to happen to their belongings.

Language:
English Language

Transcript

00:00

Finance a la shmoop what is an executor? executor.. not the dude in the mask [Man in a mask appears beside a man in a guillotine]

00:10

with the guillotine thing but it's kind of related that is after you die the

00:14

executor executes your wishes as spelled out in your will that is they make

00:19

certain known that kindly loving Aunt Milly inherits your beach house the one [Aunt Milly stood beside beach house]

00:23

with the red bondage gear in the back room

00:26

yeah Aunt Milly I love her she could really crack a whip and then

00:31

grandpa chucks wishes well the executor takes the fourteen thousand shares of

00:36

appreciated Amazon stock and makes sure they're donated to the power tools for

00:41

Tots institution executor at work... and when that's all done the executor files

00:46

the appropriate paperwork with the state and anything else who needs to [People walking away from graveyard]

00:50

understand that you are in fact dead but their job does not extend to keeping you

00:55

in the grave should the zombie apocalypse happen in you escape [Grandpa Chuck appears as zombie from the grave]

Related Videos

GED Social Studies 1.1 Civics and Government
39794 Views

GED Social Studies 1.1 Civics and Government

Fake News
11938 Views

How do you tell fake news from real news?

Finance: What is Bankruptcy?
260 Views

What is bankruptcy? Deadbeats who can't pay their bills declare bankruptcy. Either they borrowed too much money, or the business fell apart. They t...

Finance: What is a Dividend?
1777 Views

What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...

Finance: How Are Risks and Rewards Related?
589 Views

How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...