Ads
related to: executor deed illinois form free download pdf files
Search results
Results from the WOW.Com Content Network
"Of the Nature of the Interest of an Executor or Administrator in the Estate of the Deceased — In what Cases it is transmissible, and where an Administration de bonis non is necessary". An Abridgment of the Law of Nisi Prius. London: J. & W. T. Clarke. pp. 786– 787. John Bouvier (2004). "de bonis non". A Law Dictionary. The Lawbook Exchange ...
Upon the death of a person intestate, or of one who left a will without appointing executors, or when the executors appointed by the will cannot or will not act, the Probate Division of the High Court of Justice or the local District Probate Registry will appoint an administrator who performs similar duties to an executor. The court does this ...
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.
The office was established in December 1872. Before this, the Clerk of the Circuit Court of Cook County served as the ex-officio recorder of deeds for Cook County, Illinois. [1] On November 8, 2016, Cook County voters approved a binding referendum to eliminate the office, merging its functions into the purview of the Cook County Clerk. [2]
Example: "I leave my video game collection to be distributed as my son Andrew sees fit." In the United States of America, a general power of appointment is defined for federal estate tax purposes in the Internal Revenue Code §2041. [1]
In the case of real estate, the legal instrument used to transfer title from one person or entity to another is via the deed. A famous rule is that a thief cannot convey good title, so title searches are routine (or highly recommended) for purchases of many types of expensive property (especially real estate).
Tenancy in common (TIC) is a form of concurrent estate in which each owner, referred to as a tenant in common, is regarded by the law as owning separate and distinct shares of the same property. By default, all co-owners own equal shares, but their interests may differ in size.
A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
Ads
related to: executor deed illinois form free download pdf files