What are the functions of a personal representative?
What will be an ideal response?
The main functions of the personal representative include the collection of the testator’s property, the management of that property, the payment of debts and expenses of the estate during the probate process, and distribution of the property pursuant to the testator’s will. There is often a lot of paperwork and forms, and often the personal representative seeks help from the paralegal.
You might also like to view...
Informal probate occurs when:
a. The beneficiaries don’t care who gets the assets and property of the decedent b. There is only one surviving heir c. All assets are in a trust and nothing needs to go through probate d. The estate’s value does not exceed a small sum as set by state statue
Which of the following is not a defense to negligence?
a. self-defense b. comparative negligence c. assumption of the risk d. immunity
Who usually hires a caption reporter?
What will be an ideal response?
Methods of alternative dispute resolution may be binding or nonbinding
a. True b. False