Author Question: Estate Administration. Alma Zeigler, a resident of Georgia, died in June 2001. Zeigler's will named ... (Read 77 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?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

For a complete list of videos, visit our video library