Under the Probate and Administration Ordinance, which of the following statements regarding the appointment of personal representatives
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Question:
Under the Probate and Administration Ordinance, which of the following statements regarding the appointment of personal representatives of an estate is/are
CORRECT?
Probate or administration shall not be granted to more than four persons in respect of the same property
I. If there is a minority or a life interest arises intestacy. administration of the estate must be granted to a trust corporation
II. If there is a minority or a life interest arises under the will or intestacy administration of the estate must be granted to either a trust corporation or to not ess than two individuals
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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