What is a letter of testamentary?

Answer

A letter of testamentary is a document that is issued by the court to establish who acts as executor over a deceased person's estate. The letter could be addressed to a person, specific organization or a bank. The receiver of this letter is responsible for dividing up of the deceased estates in accordance to the will.
Q&A Related to "What is a letter of testamentary?"
A letter of testamentary is a court document that identifies the executor of an estate.
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After the court appoints the guardian, the guardian is given "letters" a court document that they can show others to prove they have guardianship authority.
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In New York, a deceased person's property must first pass through a legally established estate in order to be sold or transferred to another party. . This process is known as. probate
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Testamentary means: 1. of the nature of a testament or will. 2. giv...
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1 Additional Answer
Ask.com Answer for: what is a letter of testamentary
What Are the Duties of Letters Testamentary?
Letters testamentary, also called letters of administration, allow the executor of a will to act on behalf of the deceased's estate. They are similar to a power of attorney granted by the testator, or the person who left the will, to the person she has... More »
Difficulty: Easy
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