17:29
@LawIsForPeasants: hey.
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LSDefine
Simple English definitions for legal terms
collector of decedent's estate
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A quick definition of collector of decedent's estate:
A collector of decedent's estate is a person who is appointed by a probate court to take care of a deceased person's money and property. This person's job is to collect all the things that the deceased person owned and make sure that they are distributed according to the law. The collector also has to pay any debts that the deceased person owed. The collector's job ends when someone else is appointed to take over the estate.
A more thorough explanation:
A collector of decedent's estate is a person who is temporarily appointed by a probate court to handle the financial matters of a deceased person's estate. This includes collecting assets and payments that are due to the estate, as well as settling any other financial matters that require immediate attention.
For example, if there is a dispute about who should be appointed as the administrator of the estate, a collector may be appointed to look after the estate until the dispute is resolved. The collector's duties will end once an executor or administrator is appointed.
Another example would be if the deceased person had outstanding debts or bills that need to be paid. The collector would be responsible for ensuring that these debts are paid from the assets of the estate.
Overall, the collector of decedent's estate plays an important role in ensuring that the financial matters of a deceased person's estate are handled properly and in a timely manner.