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What is the difference between co-executor and independent co executor?
What is the difference between an independent co-executor and a co-executor
What are individual trusts?
Individual trusts act in several capacities including executor, administrator, trustee, guardian, conservator, custodian, and conservator in lunacy
Is a conservator automatically the executor?
No. When the ward dies someone must be appointed by the court to be the executor if the decedent had a will. If there is no will then the court must appoint an administrator.
Can the conservator be the executor if executoe is deceased?
That will depend on the probate court. The individual could be appointed as the new executor. Or the court could appoint another neutral party.
Can the executor change any legal information or bank information if the person is considered incompetent?
The executor has no power over a living person. They could be appointed conservator by the courts and have the ability to do so. The executor is only appointed after the death of the testator.
Can a sibling appointed as an executor move the parent to a different care facility without consenting the other siblings?
The executor of an estate has no power while the individual is still living. If they have been appointed as conservator of the person, they may move them.
What is the main difference between Adoption and sole managing conservetorship?
Adoption is permanent. Sole Managing Conservator means that for now you are responsible but in the future, someone, like another family member, can file in court to change your status and they could become the Managing Conservator if they win the suit.
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 difference between executor and personal representative?
An executor is the person appointed by the court to carry out the provisions in a Last Will and Testament.A personal representative has two meanings: a person who manages the financial affairs of another person or the person appointed by the court to settle an estate. The court-appointed personal representative is an executor if there is a will or an administrator if there is no will.
What's the major difference between a 'managing conservator' and a 'possessory' one?
The legal definition is a managing conservator is the person in whose home the child resides and the person who receives financial support for the child. The possessory conservator is the person who has visitation rights and pays the child support. Generally the "MC" has more rights in all decisions regarding the child. However, the actual rights and responsibilities of both parties are defined in the custody order at the discretion of the presiding magistrate.
Does hermetically sealed transformer have a conservator?
no,hermetical transformers do not have conservator.
What is the difference between the power of attorney and the executor of a will?
A power of attorney is a legal document that gives someone the authority to make decisions on behalf of another person while they are alive. An executor of a will is a person appointed to carry out the instructions in a deceased person's will, managing their estate and distributing assets according to their wishes. The main difference is that a power of attorney is for managing affairs during a person's lifetime, while an executor of a will handles matters after their death.
