Carlton was the administrator (
i.e. estate trustee) of Gail's estate.
Not exact matches
To set up a living trust, you transfer some of your property (
i.e., stocks, bonds, real
estate or cash) to a
trustee who then administers your trust.
An
estate trustee stands in a fiduciary (
i.e. trust) position and, as such, is required to show good faith in dealing with the beneficiaries and others.
If, after the
trustee has answered the objections, the objections are withdrawn, then the
estate accounts are sent to the court for approval (this can be done «over the counter,»
i.e. without having to appear before a judge in person).
Where the named
estate trustee has not yet begun acting in her role as
estate trustee (
i.e. she has not yet undertaken any work administering the
estate), she may «resign» or... read more