The personal representative of an estate may not: a. Take possession and control of the decedents property.

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The personal representative of an estate may not:

a. Take possession and control of the decedent’s property.

b. Allocate the expenses of the estate as provided by the will or by law.

c. Satisfy any obligations or debts of the decedent.

d. Obtain title to the decedent’s property in trust for the benefit of creditors and beneficiaries.

e. Operate a single proprietorship of the decedent indefinitely if the proprietorship is profitable.

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Business Law And Strategy

ISBN: 9780077614683

1st Edition

Authors: Sean Melvin, David Orozco, F E Guerra Pujol

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