Estate Planning Glossary

personal representativen.

also known asexecutor, executrix, administrator, PR
  1. The person appointed to settle a deceased person's estate such as gathering assets, paying debts, and distributing the rest. Older terms are executor (with a will) and administrator (without).

  2. A personal representative is the individual or entity appointed to administer a decedent's probate estate. The personal representative gathers and protects assets, gives required notices, pays valid debts and taxes, and distributes what remains under the will or, if none, under intestacy law.

    Colorado and the Uniform Probate Code use the single term personal representative for what older law and other states call an executor (when named in a will) or administrator (when appointed without a will).

Colorado & Wyoming notes

Colorado uses personal representative throughout the Colorado Probate Code (C.R.S. Title 15, Article 12). Wyoming statutes still use executor and administrator. The role carries fiduciary duties in both states and can expose the representative to personal liability for mistakes.