Monday, 7 December 2020

EXECUTORS / ADMINISTRATORS :

 EXECUTORS / ADMINISTRATORS :

• Executor is a person whose name is mentioned in the Will & Administrator is the person who is appointed by the Court

• Administrator is appointed when the executor refuses to execute the Will or when a person dies without leaving a Will (Intestate  death)

• Executor derives his power from the Will whereas Administrator derives his power from the Letter of Administration issued by the court and both of them cannot delegate this power to others

• Both of them are acting in a fiduciary capacity or representative capacity

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