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The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
An executorial trustee is someone who is appointed to be an executor (the person who carries out the directions set forth in a will) and also be a trustee of a testamentary trust created by the will. [1]
Continue reading ->The post All About the Duties of an Executor of a Will appeared first on SmartAsset Blog. The executor of a will plays a very important role in the process of closing a deceased ...
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An executor will make sure estate taxes are calculated, necessary forms are filed, and the corresponding payments are made. They will also assist the attorney with the estate. Additionally, the executor acts as a legal conveyor who designates where the donations will be sent using the information left in bequests, whether they be sent to ...
A notary public in the Commonwealth of Pennsylvania is an appointed official who acts as an impartial witness and helps defend against fraud.. In Pennsylvania, a notary public is empowered to perform six official acts: taking an acknowledgment, administering an oath or affirmation, taking a verification on oath or affirmation (includes an affidavit), witnessing or attesting a signature ...
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