Louisiana Independent Administrator Form
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People also ask
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What are the powers of an independent administrator in Louisiana?
Independent administration in Louisiana In an independent administration, the succession representative does not need court permission to pay debts, list property for sale, sell real or personal property of the estate, borrow, exchange, lease, or invest succession property.
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Is an administrator and executor?
If the person who died left a will, this will name an executor, which is the person responsible for doing this work. If there is no will then the person responsible for doing this work is called the administrator, and this is usually the next of kin.
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Why is a personal representative sometimes called an executor or an administrator?
All of these titles essentially refer to a person appointed by the court to administer the deceased's estate.
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What is the difference between execute and administer?
Key Differences Between Executors and Administrators Executors of estates are named by decedents in their wills. Administrators of estates are appointed by the court when a decedent dies without having executed a valid will or where an existing will does not name an executor.
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What happens if there is no executor or administrator?
In such cases, individuals entitled under the intestacy rules can be appointed as the estate's administrator. To do so, they must apply for a 'Grant of Letters of Administration with the Will', granting them legal authority to manage the estate. However, their actions must align with the wishes outlined in the Will.
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What is an independent contractor in Louisiana?
(7) "Independent contractor" means any person who renders service, other than manual labor, for a specified recompense for a specified result either as a unit or as a whole, under the control of his principal as to results of his work only, and not as to the means by which such result is accomplished, and are expressly ...
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What is the difference between an independent administrator and an executor?
The terms “administrator and “executor” are often used interchangeably, but there's a subtle difference. An administrator can refer to anyone appointed to manage the affairs of a deceased person. An executor is a specific type of administrator named in a person's will to manage their estate after they pass away.
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Can an administrator of an estate sell property in Louisiana?
An administrator or executor desiring to sell succession property at public auction for any purpose other than the payment of estate debts or legacies shall petition the court for authority therefor, describing the property and setting forth the reasons for the sale.
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