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Summary administration is an alternative to the often lengthy and expensive process of administering an estate through probate. It is a form of estate settlement that uses the small estate affidavit.
The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
Traditionally, letters of administration granted to a representative of a testator's estate are called "letters of administration with the will annexed" or "letters of administration cum testamento annexo" or "c.t.a.". Essentially, this document is issued to the person who will administer the estate of someone who dies without a will.
Ancillary administration is "the administration of a decedent's estate in a state other than the one in which she lived, for the purpose of disposing of property she owned there." [ 1 ] Another definition is the "administration of an estate's asset's in another state."
In common-law jurisdictions, administration of an estate on death arises if the deceased is legally intestate, meaning they did not leave a will, or some assets are not disposed of by their will. Where a person dies leaving a will appointing an executor , and that executor validly disposes of the property of the deceased within England and ...
For example, California has a "Small Estate Summary Procedure" to allow the summary transfer of a decedent's asset without a formal probate proceeding. The dollar limit by which the small estate procedure can be effectuated was $150,000 [34] before a statutory increase was implemented on a three-year schedule, [35] arriving at $184,500 by April ...
Trust Administration Provisions governing management of trusts; fiduciary duties of trustees . The provisions of Article 7 have been superseded by the Uniform Trust Code .
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