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An Application for Informal Administration Was Filed

An Application for Informal Administration Was Filed

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hi Tracy Phillips with Remax cornado certified probate specialist a question that often comes up is what's the difference between letters of administration and letters testamentary and then what happens once I get them well answer is pretty simple letters testamentary just means that there was a will and there was an executor so the court is now granting authority to make decisions on behalf of the estate to the executor on the other hand letters of administration means there was no will there is an administrator but the court is granting authority to the administrator to make decisions on behalf of the estate once you have letters testamentary or letters of administration you can therefore open up accounts closed accounts you can therefore make decisions on behalf of the estate such as sell real estate in order to settle the debts I hope this information is helpful thank you and have a great day

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