An administrator of an estate differs from an executor of a will in that an administrator a. has fiduciary responsibility for real property. b. has fiduciary responsibility for personal property. c. has fiduciary responsibility in a testate distribution. d. is appointed by the court.
An administrator of an estate differs from an executor of a will in that an administrator a. has fiduciary responsibility for real property. b. has fiduciary responsibility for personal property. c. has fiduciary responsibility in a testate distribution. d. is appointed by the court.
Chapter11: The Personal Representative
Section: Chapter Questions
Problem 3SYPS
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Question
An administrator of an estate differs from an executor of a will in that an administrator
a. |
has fiduciary responsibility for real property. |
b. |
has fiduciary responsibility for personal property. |
c. |
has fiduciary responsibility in a testate distribution. |
d. |
is appointed by the court. |
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