Answer the following statements true (T) or false (F)
1. The personal representative is also called the beneficiary.
2. Administrators are personal representatives that have been appointed by the state if the decedent hadn’t executed a will.
3. If an alternative personal representative is not named in the trust, the beneficiary receiving the second most amount in monetary assets will then become the personal representative if the initial representative can’t or won’t fulfill their duties.
4. An administrator ad litem is appointed when there is a will contest, and when the court hearing the contest believes that the personal representative should not handle the administration of the estate during the pendency of the suit.
5. A personal representative or administration will take an oath stating that he or she will faithfully fulfill his or her fiduciary duties.
1. False
2. True
3. False
4. False
5. True
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a. True b. False
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Fill in the blank(s) with the appropriate word(s).