Administrator in United Kingdom
Definition of Administrator
In accordance with the work A Dictionary of Law, this is a description of Administrator :
1. A person appointed by the court to collect and distribute a deceased person’s estate when the deceased died intestate, his will did not appoint an executor, or the executor refuses to act. An administrator’s authority to deal with the estate does not begin until the court has granted letters of administration. The Administration of Estates Act 1925 lays down the order in which people are entitled to a grant of representation. Compare with executor.
2. See administration order.
Financial restructuring
Refine your research by picking one of the below sections, including the Administration of Company Financial Restructuring.
Administration of Company Financial Restructuring
Functions of the administrator. Find under this subsection information about Functions of the administrator in relation to Administration of Company Financial Restructuring.
Definition of Administrator
A person who manages a legal estate on the death of someone who has not left a will and has therefore not named an executor.
Administrator in the Context of Mortgages
A person given authority to manage and distribute the estate of someone who died without leaving a will.
Similar Terms: Administrators deed
Administrators deed: A legal document an administrator of an estate uses to transfer property.
Administrator in Testaments
The personal representative of a deceased intestate or of a testator whose will does not appoint any executors, or whose executors are unable or unwilling to act. The nearest relative who is willing to act is appointed administrator, and in default of relatives administration may be granted to a creditor. The instrument certifying the grant is called “letters of administration.” The personal estate of the intestate or testator (and since 1882 such real estate as was held by him in a fiduciary capacity) becomes vested in the administrator, who has to pay all debts chargeable to the estate, and to distribute the residue according to law, viz. in case of intestacy in accordance with the Statutes of Distribution and the modifying enactments (22 & 23 Car. IL c. 10 ; 1 Jac. IL c. 17), and, where there is a valid will in accordance with the directions contained in the same. In the latter case the grant is made “with the will annexed” (cum taxtamento annexo).[1]
Resources
Notes
- Robert Harry Inglis, Sir, Dictionary of Political Economy, Vol. 1, 1915
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