Author Question: Estate Administration. Alma Zeigler, a resident of Georgia, died in June 2001. Zeigler's will named ... (Read 42 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
Estate Administration. Alma Zeigler, a resident of Georgia, died in June 2001. Zeigler's will named as executor her granddaughter, Stacey Hatchett. Hatchett, who was teaching and attending graduate school in Illinois, filed a petition to probate the will in a Georgia state court, which confirmed her as executor in January 2002. The estate's main asset was a brick, three-bedroom house in Savannah. Hatchett sold the house for 65,000, without obtaining an ap-praisal, and deposited the proceeds in her personal account. Meanwhile, Zeigler's adopted son took the furnishings from the house and placed them in storage. As of August 2003, Hatchett had not inventoried these items, did not know their location, and knew only that the son lived somewhere in Florida. Also unaccounted for was a diamond ring that had been on Zeigler's finger at the time of her death and a van that Zeigler had owned. Rita Williams, to whom the will devised certain real property, filed a petition with the court, asking that Hatchett, who had not been in Georgia since filing the petition to probate the will, be removed as executor. What are the duties of an executor, or personal representative? Did Hatchett violate these duties? Ex-plain.

Question 2

Which of the following types of drug tests is required by the Omnibus Transportation Employee Testing Act:
 a. preemployment testing
  b. random testing during employment c. testing after any accident
  d. all of the other specific choices are correct
  e. none of the other specific choices are correct



beccamahon

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

Estate administration
An executor is a fiduciary with a duty to settle an estate as quickly and with as little loss of its value as is reasonable in the circumstances. In this case, Hatchett did not appear to responsibly take control of the assets of Zeigler's estate. Among other things, she sold Zeigler's home without obtaining an appraisal or attempting to realize the best price. She co-mingled some of the estate funds (the proceeds from the sale of the house) with her personal funds. She allowed the removal of the furnishings from Zeigler's house to an undisclosed location, and made no effort either to recover the missing diamond ring or to locate the missing van. A court has the discretion to remove an executor for violating his or her duties. Here, the court should probably remove Hatchett as executor.

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

For a complete list of videos, visit our video library