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My brother died in a car crash and has no estate I am the Executor or Administrator of an Estate because of legal case against driver The Hospital is asking for payment of debt am I liable for debt?
Wiki User
∙ 16y ago
You are not personally liable for the debt. The estate is liable for the debt. If the law suit results in payment, it would have to be used to settle the debts.
Wiki User
∙ 16y ago
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What is the difference between an Executor and an Administrator?
An executor handles the estate of a decedent who died with a will. An administrator handles the estate of a decedent who die without a will. The terms are different because an executor is executing the decedent's directions as stated in the will. The administrator is simply handling the estate according to general laws.
What is the typical salary of a hospital administrator?
The typical salary of hospital administrator is thousand dollar per month, this job is money making because of the fact of serving health and the people.
What is the difference between an Executor's Deed and an Administrator's Deed?
Although their duties and responsibilities are similar, an executor is appointed by the probate court to administer the estate of a person who left a will (testate estate). The court issues Letters testamentary in the name of the executor and those letters provide the legal authority to act on behalf of the estate in all matters. Often the executor is named in the will. However, anyone can be appointed the executor but the wishes of family will be given priority.An administrator is appointed by the probate court to administer the estate of a person who died without a will (intestate estate). The court issues Letters of Administration and those letters provide the legal authority to act on behalf of the estate in all matters. Only a qualified person can be appointed as an administrator and those qualifications are set forth in state laws. Included are creditors of the decedent.In either case, the executor or administrator must petition the probate court for appointment.The terms are different because an executor is executing the decedent's directions as stated in the will. The administrator is simply administering the estate according to state laws.
My mother died leaving no will therefore can someone be named the executor?
The will should have named an alternate. If it didn't, find some one who willing to do it. The estate lawyer must notify the court of the executor's death and petition for the appointment of a successor.
What courses should you take in high school to become a Hospital Administrator?
Take college prep classes because you will need to go to college and medical school to do this job.
What will happen to a civil case when the plaintiff died?
When any party to a lawsuit dies, the estate of the deceased party is substituted for the person. The estate executor or administrator then becomes the party in interest to handle the lawsuit. In most states, the executor/administrator will handle the lawsuit without having to consult with the ultimate beneficiaries before taking any action, such as settling. In practice though it is wise to get some feeling from the beneficiaries, since they might make some objections about a settlement and try to hold the executor/administrator liable for making a bad settlement. But once the ececutor/administrator does sign on the settlement, the beneficiaries cannot re-open the case just because they dislike the result.
What if no one is appointed executor and there are seven children?
No will or estate will fail because of the lack of an executor. The court will appoint someone to serve.
Can you name someone else executor if you do not wish to do the job?
Certainly. As long as the beneficiaries don't have a problem with it. Or the court will appoint an executor (usually an attorney or a bank). No estate will fail because of the lack of a named executor.
What is bond probation?
What I understand from just googling it is that a probate bond is a means of ensuring that the executor or administrator of an estate will administer the estate properly and not make off with the dead person's money. It ensures this by making the executor or administrator post a bond which I think is like getting insurance. The executor/administrator (let's say "Dude") pays an "insurance premium" to the bond company ("insurance company,"), and if Dude messes up the estate, the bond company will then have to pay whoever was hurt, but can then come after Dude's butt to make him or her reimburse the bond company. Also, I think Dude takes the insurance premium out of the estate itself, so that he/she doesn't have to pay it out of pocket. Lastly, not everyone can be Dude, because a lot of people are rejected for having bad credit. That is to say, the bond company doesn't trust them not to steal stuff from the estate because their credit is so bad, and so won't insure them. This part doesn't make sense to me, because there's a big difference between being poor and being a crook, but hey, I didn't make the rules.
What is a probate bond?
What I understand from just googling it is that a probate bond is a means of ensuring that the executor or administrator of an estate will administer the estate properly and not make off with the dead person's money. It ensures this by making the executor or administrator post a bond which I think is like getting insurance. The executor/administrator (let's say "Dude") pays an "insurance premium" to the bond company ("insurance company,"), and if Dude messes up the estate, the bond company will then have to pay whoever was hurt, but can then come after Dude's butt to make him or her reimburse the bond company. Also, I think Dude takes the insurance premium out of the estate itself, so that he/she doesn't have to pay it out of pocket. Lastly, not everyone can be Dude, because a lot of people are rejected for having bad credit. That is to say, the bond company doesn't trust them not to steal stuff from the estate because their credit is so bad, and so won't insure them. This part doesn't make sense to me, because there's a big difference between being poor and being a crook, but hey, I didn't make the rules.
If the executor of an estate doesn't fulfill his duties because they can't be bothered with it does the 2nd executor automatically take over If so what if 1st decides they want to again?
The court issues a letter of authority to the executor. If they haven't applied or decline it, they are not on the letter.
Can you request that executor not be paid because of exhibiting favoritism in the managing of the estate?
No. If you think the executor has misused their authority it should be reported to the court that made the appointment. The court will review the matter and issue a decision. An executor can be held personally liable for mismanaging the estate.
