Master the ins and outs of fiduciary duty and estate management with clarity you can apply today.
This collection presents authoritative notes and commentary on probate law, focusing on how executors and administrators should handle investments, security, and the administration of estates. It translates complex rules into practical guidance for real-world cases.
The book compiles recent cases and references that illuminate how courts view investment discretion, loan security, and the duties of fiduciaries. It helps readers understand when instructions in wills or statutes enlarge or limit an administrator’s power, and what safeguards exist to protect the estate and its heirs.
- How courts interpret will directions about investments, including what language enlarges or fails to enlarge discretion.
- Rules on mortgages, loans, and securing estate funds with real or personal property.
- Summary of statutes from several states that regulate investments by executors and administrators.
- Practical guidance on probate procedure and the authority of the surrogate and courts.
Ideal for readers of estate planning, probate practice, or anyone needing a clear reference on fiduciary duties in probate matters.