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.

Administration Of Wills/Trusts/ And Estates
5th Edition
ISBN:9781285281308
Author:Brown
Publisher:Brown
Chapter11: The Personal Representative
Section: Chapter Questions
Problem 3SYPS
icon
Related questions
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.

Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Accounting for Estates and Trusts
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Administration Of Wills/Trusts/ And Estates
Administration Of Wills/Trusts/ And Estates
Finance
ISBN:
9781285281308
Author:
Brown
Publisher:
Cengage
SWFT Corp Partner Estates Trusts
SWFT Corp Partner Estates Trusts
Accounting
ISBN:
9780357161548
Author:
Raabe
Publisher:
Cengage