Simple English definitions for legal terms
Read a random definition: hypothetical monopolist test
Term: C.T.A.
Definition: C.T.A. stands for "administration cum testamento annexo" which means an administration granted when a testator's will does not name any executor or when the executor named is incompetent to act, is deceased, or refuses to act, and no successor executor has been named or is qualified to serve. It is a legal process where a court manages and distributes property, such as the management and settlement of the estate of an intestate decedent or a testator who has no executor. The purpose of this process is to realize the movable assets, pay out any debts and other claims against the estate, and divide and distribute what remains.
Definition: C.T.A. stands for "administration cum testamento annexo" which refers to the management and settlement of the estate of a testator who has no executor or when the executor named is incompetent to act, is deceased, or refuses to act, and no successor executor has been named or is qualified to serve. It is a type of administration granted by the court to realize the movable assets, pay debts and other claims against the estate, and distribute what remains.
Example: If a person dies and their will does not name any executor or the named executor is unable to act, the court may grant C.T.A. to someone else to manage and settle the estate according to the terms of the will.
This example illustrates how C.T.A. is used to ensure that the estate of a testator is properly managed and settled even when there is no executor or the named executor is unable to act.