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An estate's administrator is a person appointed by the court to manage an estate when no executor is named in the will. Their primary role is to ensure that the assets are distributed according to the wishes expressed in the will. If you are looking for guidance on how to become an administrator of estate with will, platforms like uslegalforms offer valuable resources and templates to help simplify the process.
After one year, if the executor doesn't complete their duties, beneficiaries may demand payment (possibly with interest) by taking the executor to court.
The major difference between an Estate Executor, otherwise known as Personal Representative, and an Estate Administrator is that the former is personally chosen by the deceased in their will, while the latter is appointed by the court if the deceased has died intestate (without a will).
An estate administrator is the appointed legal representative of the deceased. The legal representative may be a surviving spouse, other family member, executor named in the will or an attorney. In general, the estate administrator: Collects all the assets of the deceased. Pays creditors.
India Code: Section Details. (1) Subject to the provisions of sub-section (2), and executor or administrator has power to dispose of the property of the deceased, vested in him under section 211, either wholly or in part, in such manner as he may think fit.
The major difference between an Estate Executor, otherwise known as Personal Representative, and an Estate Administrator is that the former is personally chosen by the deceased in their will, while the latter is appointed by the court if the deceased has died intestate (without a will).