executors and administrators
executors and administrators An executor is the person designated in the will of a deceased person to carry out the provisions of the will. An administrator is the person appointed by a probate court to perform the identical functions if the will does not name any executors or if those who were named executors are not capable of performing the function or are dead. An administrator is also appointed in the case of the death without a will (intestate) of any person who owns property. Those chosen representatives collect the assets and pay the debts of the estate and then distribute what remains to those who are entitled by provisions of the will or by law. To allow performance of these duties the title to the personal property passes to the executor or administrator, rather than to the beneficiaries. The administrator derives his title from the court through his letters of administration. The executor's source of title is the will itself. Besides being the defendants in any suits brought against the estate, the representatives are also authorized to bring actions to compensate the estate for damage suffered before or after death. Administration is not necessary if the heirs, the creditors of the estate, and all others interested in the estate agree to the settlement of debts and the distribution of the property. Under modern statutes, priority of right to be administrator depends largely on nearness of relation to the deceased. Where no relative applies for papers of administration, creditors, public administrators, or suitable strangers may be appointed administrator. One is ineligible to act as an administrator by reason of being an infant, insane, or lacking ordinary integrity. Illiteracy, lack of business experience, immorality, or adverse interests are not disqualifications. The executor or administrator must, in some states, post a bond for honest and faithful discharge of his duties. After he has paid the legacies and otherwise followed the directions of the will so far as legally possible, the court will discharge him if his accounting is correct and he has shown himself to have acted honestly and in good faith; otherwise his bond may be forfeited, and he is made liable to suit.
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Doing business in Antigua and Barbuda
Newspaper article from: Jerusalem Post; 4/9/2008; ; 700+ words
; ...Headline: Doing business in Antigua and Barbuda Byline: VERLYN FAUSTIN, MELINE...Wednesday, April 9, 2008 -- Antigua, Barbuda and Redonda form the independent nation of Antigua and Barbuda, within the British Commonwealth...
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IN ANTIGUA, BARBUDA, OAS ASSISTANT SECRETARY GENERAL PARTICIPATES IN ACTIVITIES
News Wire article from: US Fed News Service, Including US State News; 11/1/2006; 613 words
; ...Ambassador Albert R. Ramdin, is in Antigua and Barbuda, where he has been discussing...Minister, and also met with Antigua and Barbuda's Minister of Education...roles of the OAS and of the Antigua and Barbuda government in improving outreach...
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Antigua & Barbuda - Foreign Direct Investment.
News Wire article from: Mondaq Business Briefing; 2/14/2005; 700+ words
; ...Arguably, this explains Antigua & Barbuda's failure to attract sound...institutions do not exist in Antigua & Barbuda. The departure of the Barclays...consequent advisories placed on Antigua & Barbuda by both the US and British...
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STATE DEPARTMENT ISSUES CONSULAR INFORMATION SHEET ON ANTIGUA & BARBUDA
News Wire article from: US Fed News Service, Including US State News; 4/2/2007; 700+ words
; ...Sheet: COUNTRY DESCRIPTION: Antigua and Barbuda is a dual island nation known...of State Background Notes on Antigua and Barbuda for additional information...Tourism at http://www.antigua-barbuda.org. Find more information...
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U.S. Treasury Takes Antigua, Barbuda Off of `Black List'.
Newspaper article from: Knight Ridder/Tribune Business News; 8/22/2001; 700+ words
; ...lifted an advisory against Antigua and Barbuda that criticized the Caribbean...This is a great day for Antigua and Barbuda," Bird said in a telephone...advisory, FinCEN said, "Antigua and Barbuda has enacted significant reforms...
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The Cardinal Sin of Democracy Part 2 - Antigua & Barbuda.
News Wire article from: Mondaq Business Briefing; 6/14/2006; 700+ words
; ...surface. The Government of Antigua & Barbuda had repeatedly officially...perspective of the Government of Antigua & Barbuda that it is prudent policy...of the 7th meeting of the Antigua Barbuda/Cuba Joint Commission as...
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Antigua & Barbuda's Treasury Bills -- high Risk?
News Wire article from: Mondaq Business Briefing; 5/28/2008; 700+ words
; ...issued by the Government of Antigua & Barbuda have been highly successful...years, the Government of Antigua and Barbuda has regularly issued investment...section of the Government of Antigua and Barbuda's official website is seriously...
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STATE DEPARTMENT ISSUES CONSULAR INFORMATION SHEET ON ANTIGUA AND BARBUDA
News Wire article from: US Fed News Service, Including US State News; 10/13/2006; 700+ words
; ...Sheet: COUNTRY DESCRIPTION: Antigua and Barbuda is a dual island nation known...of State Background Notes on Antigua and Barbuda for additional information...Tourism at http://www.antigua-barbuda.org. See Entry and Exit...
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STATE DEPARTMENT ISSUES CONSULAR INFORMATION SHEET ON ANTIGUA, BARBUDA
News Wire article from: US Fed News Service, Including US State News; 3/27/2006; 700+ words
; ...Sheet: COUNTRY DESCRIPTION: Antigua and Barbuda is a dual island nation known...of State Background Notes on Antigua and Barbuda for additional information...Tourism at http://www.antigua-barbuda.org. See Entry and Exit...
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Expropriation In Antigua & Barbuda - Update 2007.(private property regulations)
News Wire article from: Mondaq Business Briefing; 12/20/2006; ; 700+ words
; Antigua & Barbuda has expropriated the private property...the matter by Privy Council, Antigua & Barbuda's Attorney General, Justin...clearly shows the Government of Antigua & Barbuda, and not the Crown, as the new...
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Antigua and Barbuda
Encyclopedia entry from: Junior Worldmark Encyclopedia of Physical Geography
Antigua and Barbuda Official name: Antigua and Barbuda Area: 440 square kilometers (170 square miles) total...Features There are many coral reefs near Antigua and Barbuda. Antigua is surrounded by an almost continuous band of coral...
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Antigua And Barbuda
Encyclopedia entry from: Countries and Their Cultures
Antigua and Barbuda Culture Name Antiguan; Antiguan...Identification. The culture of Antigua and Barbuda (local creole pronunciation, Antiga...Christopher Columbus arrived in 1493, Antigua and Barbuda had the Carib names of Wadadli and...
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Barbuda
Book article from: The Columbia Encyclopedia, Sixth Edition
Barbuda see Antigua and Barbuda .
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Antigua
Book article from: A Dictionary of British History
Antigua is one of the Leeward Islands in the eastern Caribbean. With Barbuda it forms an independent state within the Commonwealth. It was visited and named by Columbus but colonized in the 17th cent. by English settlers.
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Antiguans and Barbudans
Encyclopedia entry from: Encyclopedia of World Cultures
...Identification. The country Antigua and Barbuda includes two of the Leeward...and British colonial rule. Antigua and Barbuda won independence in 1981...in 1774 (p. 83). Unlike Antigua, Barbuda never developed sugar estates...
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