Sentence examples for for distributing assets from inspiring English sources

If you're an executor or personal representative, though, there's a risk in the form of fiduciary liability: the prospect of being held financially responsible for distributing assets to heirs before paying certain creditors.

The bad news is that if you've been named the executor or personal representative of a relative's estate that is the person in charge of carrying out the deceased's wishes--you've got an additional risk in the form of fiduciary liability: the prospect of being held financially responsible for distributing assets to heirs before paying certain creditors.

The executor of a will is responsible for distributing assets, maintaining property, and paying bills and taxes during the execution of the will.

That will require the ability to create the types of price signals that will attract new capital to build out the future interactive grid. 1) The first principle is to develop a framework for locational pricing of distributed assets, since a distributed resource will have different value depending on where it's located.

This risk is probably greatest for the growing number of people who decide to save money and bypass lawyers during the process of estate administration: submitting the will for a court's approval and distributing assets to inheritors.

Without a living revocable trust, John's assets, including his bank and investment accounts that were not joint, would most likely have to be probated – a public court process that usually involves attorney and accountant fees, court fees – not to mention a delay in distributing assets to Jane for their child in the near term following his death.

Executors are responsible for settling financial affairs, from getting your debts and taxes paid to distributing assets and, if necessary, dealing with probate (the legal process for authenticating a will).

The basic tools include: packaging assets, distributing assets, generating and issuing usage licenses, enforcing licensed usage, protecting asset and license confidentiality, and managing keys.

These forms trump wills when it comes to distributing assets not held jointly.

Distributing Assets.

Distributing assets to the beneficiaries named in the will.