The administrator or executor is responsible for collecting assets, paying any estate liabilities from estate funds, paying any legacies as per the deceased’s will and distributing the residue of the estate as per the will or the rules of intestacy if no will is available. The difference between an executor and an administrator is the following:
- Executor: Appointed by the deceased person in their will.
Administrator: Appointed by court according to the relationship status to the deceased person. An administrator appointed by court is necessary, if the deceased person did not appoint an executor or if the executor is unwilling or unable to act or the estate is an ‘interstate’ estate as no will is available.