One appointed to act in the place of another executor upon the happening of a certain event; e. p., if the latter should refuse the office. … [Read more...]
Search Results for: Executor
NE UNQUES EXECUTOR
L. Fr. Never executor. The name of a plea by which the defendant denies that he is an executor, as he is alleged to be; or that the plaintiff is an executor, as he claims to be. … [Read more...]
JOINT EXECUTORS
It is proposed to consider, 1. The interest which they have in the estate of the deceased. 2. How far they are liable for each other's acts. 3. The rights of the survivor. 2. Section 1. Joint executors are considered in law as but one person, representing the testator, and, therefore, the acts of any one of them, which relate either to the delivery, gift, sale, payment, … [Read more...]
EXECUTOR
The executor is the person named in a will that manages and distributes the property of the person who has died. The executor manages the estate property including collecting money owed to the estate, paying debts and taxes and will then distribute the proceeds of the estate as specified within the will. The executor is involved in any probate court proceedings that may occur … [Read more...]
EXECUTORY
That which is yet to be executed or performed; that which remains to be carried into operation or effect; incomplete ; depending upon a future performance or event. The opposite of executed. Executory consideration. A consideration which is to be performed after the contract for which it is a consideration is made. Executory fines. These are the fines sur cognisance de droit … [Read more...]