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Executor/executrix or personal representative [PR] – person named to administer the estate, generally subject to the supervision of the probate court, in accordance with the testator's wishes in the will. In most cases, the testator will nominate an executor/PR in the will unless that person is unable or unwilling to serve.
An executor is the legal personal representative of a deceased person's estate. The appointment of an executor only becomes effective after the death of the testator. After the testator dies, the person named in the will as executor can decline or renounce the position, and if so should quickly notify the probate court accordingly.
An executor makes sure estate taxes are calculated, necessary forms are filed, and the corresponding payments are made. They 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 charity or ...
Additionally, the executor must secure and manage all estate assets of the decedent during the period it takes to probate a will, which could be as little as a few months or as long as a year. 3 ...
An Executor Plays a Pivotal Role in the Estate Settlement Process In estate planning, an executor is someone who is charged with settling the estate of a deceased person.
Biblical studies is the academic application of a set of diverse disciplines to the study of the Bible, with Bible referring to the books of the canonical Hebrew Bible in mainstream Jewish usage and the Christian Bible including the canonical Old Testament and New Testament, respectively.
The origin of Bible study groups has its origin in early Christianity, when Church Fathers such as Origen and Jerome taught the Bible extensively to disciple Christians. [1] In Christianity, Bible study has the purpose of "be[ing] taught and nourished by the Word of God" and "being formed and animated by the inspirational power conveyed by ...
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 ]
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