Module 1 - What is an Administrator/Executor of a Decendent's Estate Flashcards
1
Q
What is an Executor
A
appointed by court to administer estate of individual who left a will - a testate estate
2
Q
Letters testamentary
A
Court names executor allowing legal authority to act on behalf of the state in all matters of the will
3
Q
What happens in the absence of name executor
A
legal authority will be thru Letters of Administration with Will Annexes
4
Q
What is there is a will contest
A
letters of special admin will authorize limited acts on behalf of the estate pending General Letters
5
Q
What is a person died w/o a will
A
intestate estate, administrator is appointed by ct.