Wills, Estates & Trusts: A Manual of Law, Accounting, & Procedure ...Ronald Press Company, 1921 - 825 pages |
From inside the book
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Page 33
... cash and property which he has received , the disposition which he has made of it , and the balance , if any , on hand . Thereupon the court will determine the commissions due the executor , will authorize him to retain for himself the ...
... cash and property which he has received , the disposition which he has made of it , and the balance , if any , on hand . Thereupon the court will determine the commissions due the executor , will authorize him to retain for himself the ...
Page 111
... cash in hand or on deposit - bonds , notes , book ac- counts , debts , and claims of all kinds . All goods , chattels , and choses in action - furniture , fix- tures , and articles of personal use . All contract rights that do not ...
... cash in hand or on deposit - bonds , notes , book ac- counts , debts , and claims of all kinds . All goods , chattels , and choses in action - furniture , fix- tures , and articles of personal use . All contract rights that do not ...
Page 114
... cash funds of the estate should not be treated as , or even mingled with , the representative's own . The only valid ex- ception to this is in the case of a trust company , which of course banks within itself the funds of estates for ...
... cash funds of the estate should not be treated as , or even mingled with , the representative's own . The only valid ex- ception to this is in the case of a trust company , which of course banks within itself the funds of estates for ...
Page 116
... cash on hand than settling current demands upon the estate , although under prudent management such demands are not always paid at once . § 97. Investment of Money It is the duty of a trustee to invest moneys belonging to the trust . He ...
... cash on hand than settling current demands upon the estate , although under prudent management such demands are not always paid at once . § 97. Investment of Money It is the duty of a trustee to invest moneys belonging to the trust . He ...
Page 135
... Cash In nearly every case where an estate is administered , the first need is to secure cash for the following purposes : 1. To pay funeral expenses , last illness allowances , and any taxes that may be due . 2. To pay inheritance taxes ...
... Cash In nearly every case where an estate is administered , the first need is to secure cash for the following purposes : 1. To pay funeral expenses , last illness allowances , and any taxes that may be due . 2. To pay inheritance taxes ...
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Other editions - View all
Wills, Estates & Trusts: A Manual of Law, Accounting, & Procedure Thomas Conyngton,H. C. Knapp No preview available - 2018 |
Wills, Estates & Trusts: A Manual of Law, Accounting, & Procedure Thomas Conyngton,H C Knapp No preview available - 2022 |
Common terms and phrases
allowed amount appointed assets authority bank or trust beneficiary bond cash cestui que trust CHAPTER charge choses in action claims contest corporation corpus court of equity court of probate create a trust creditors death debts deceased decedent decedent's deducted deposit distribution dividends duty entitled entry erty executed expenses federal fees fiduciary filed give guardian heirs held inheritance taxes interest intestacy intestate inventory investments issue Janet Dawson jurisdiction lawyer legatee letters of administration letters testamentary liable loss matter ment mortgage named necessary paid partnership party payment personal property personal representative personalty petition principal probate court real estate real property realty reason remainderman REVIEW QUESTIONS rule securities sell settlement sold specific legacies statutes surviving partner taxable testator's tion transfer agent transfer tax trust company trust estate trust funds trust property trustee's usually wife witnesses York
Popular passages
Page 715 - Signed sealed published and declared by the said Robert Flint as and for his last will and Testament in the presence of us who at his request and in his presence and in the presence of each other have subscribed our names as witnesses thereto.
Page 242 - ... pursuant to the terms of the will or deed creating the trust...
Page 235 - ... (1) income accumulated in trust for the benefit of unborn or unascertained persons or persons with contingent interests, and income accumulated or held for future distribution under the terms of the will or trust...
Page 469 - To grant by special permit to national banks applying therefor, when not in contravention of State or local law, the right to act as trustee, executor, administrator, registrar of stocks and bonds, guardian of estates, assignee, receiver, committee of estates of lunatics, or in any other fiduciary capacity...
Page 335 - ... to the extent of any interest therein of which the decedent has at any time made a transfer, or with respect to which he has created a trust, in contemplation of or intended to take effect in possession or enjoyment at or after his death, except in case of a bona fide sale for a fair consideration in money or money's worth.
Page 352 - If the executor is unable to make a complete return as to any part of the gross estate of the decedent, he shall include in his return a description of such part and the name of every person holding a legal or beneficial interest therein, and upon notice from the collector such person shall in like manner make a return as to such part of the gross estate.
Page 469 - Whenever the laws of such State authorize or permit the exercise of any or all of the foregoing powers by State banks, trust companies, or other corporations which compete with national banks, the granting to and the exercise of such powers by national banks shall not be deemed to be in contravention of State or local law within the meaning of this Act.
Page 244 - All persons, In whatever capacity acting, including lessees or mortgagors of real or personal property, fiduciaries, employers, and all officers and employees of the United States, having the control...
Page 728 - California, for which payment well and truly to be made, we bind ourselves, our and each of our heirs, executors and administrators jointly and severally, firmly by these presents.
Page 94 - ... 1. Where the decedent was, at the time of his death, a resident of that county, whether his death happened there or elsewhere.