Probate 6 Flashcards
Personal representative
Person who pays debts and expenses and collects and distributed assets court
Executor
Person who pays debts and expenses and collects and distributed assets will
Executrix
Female
Public administrator
Attorney
Corporate fiduciary
Bank
Contingent executor
Person named if primary cannot serve
Special administrator
For emergencies
Pendente lite
During litigation
Administrator pendente lite
Will contest and personal representative is in conflict
Administrator ad litem
Appointed for lawsuits
Letters of Appointment (testamentary)
Personal representative can act as a representative at all matters
Bond
Insurance policy that will reimburse the estate
Surcharge
Charge for failure to act appropriately
Guardian
Appointed by the court to care for incompetent
Conservator
Guardian of the incompetent’s assets