What Is the Difference Between an Administrator and an Executor

question 54

Multiple Choice

What is the difference between an administrator and an executor?

• A) Administrators administer trusts and executors administer wills.
• B) Administrators distribute real property and executors distribute personal property.
• C) Executors are used where the decedent has surviving children under age 18 and administrators are used where the decedent has no surviving children under age 18.
• D) Administrators are appointed by the court and executors are named in the will.
• E) Administrators are used for per capita distributions and executors are used for per stirpes distributions.

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Definitions:

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, showing how much each value in the set varies from the mean.

Sampling Distribution

The probability distribution of a given random-sample-based statistic.

Sampling Distribution

A statistical distribution of all possible samples of a given size taken from a population.

Standard Deviation

A calculation that determines the amount of fluctuation or spread in a set of numbers.