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129

Charges on estate prior to preferred
claims, 129

Commissions for representative, 211

Counsel, employment, 202

Cum testamento annexo, ΙΟΙ
De bonis non, 103

Deductions for expenses, 278

Difficulty of securing honest, 502
Case in point, 502

Example of probate rules, 715
Exemptions for expenses, 278

Family dissensions, effect, 492
Typical case, 493
Federal estate tax,

Payment, 331-338

Procedure, 350-354
Regulations, 321-338

Responsibility for payment, 337

Goods not already administered, 103
Honest, difficulty of securing, 502

Case in point, 502

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Appointment of fiduciary as, 508
Corporate fiduciary acting as, 507
Income, collect all, 509

Income tax, payment for individual

during his absence from city, 510
Information as to called bonds, etc.,
510

Paying instalments on subscriptions
to new issues of stock, 510
Payment of insurance, mortgage, etc.,
for individual, 511
Principle of bonds, collect, 509
Real property, care for, 511
Reports on condition of investments,
510

Scope of duties unlimited, 509
Securities, keeps safely, 509
Work of in fiduciary capacity, 508

AGENT-Continued

Fiscal,

Charges for work, 513
Definition, 511

Duties of, 512

Use of, 512

Signing for testator, 30
Transfer,

Acceptance of agency, 534

Advantages of corporate organiza
tion, 532

Advantages of outside corporation as,
534

Appointment of bank as, 733

Banks and trust companies may act
as, 534

Books for, different from hooks of
account, 533

Certificate of stock by bank as, 739
Certified copy of will filed with
original, 540

Corporation cannot act as its own

transfer agent and registrar, 534
Corporation may act as own, 533
Definition, 532
Duties, 536

Endorsement of executor, 541

Investigation before acceptance of

agency, 535

Lists of stockholders for dividen
payments, 543

Method of transferring, 538

Must not violate statutes of state in
which incorporated, 537

Other papers to be filed before trans
fer of estate stock, 540

Papers to be filed with bank or trust
company acting as, 535

Proof of death before transferring
stock of estate, 539

Proof of no debt before transfer of
estate stock, 540

Requirements if corporation is for-
eign, 541

Revenue stamps, 538

State comptroller, waiver of notice
from, before transfer of stock, 540
Stock belonging to an estate, 539
Stock certificates listed numerically
in transfer record, 537

Stock ledger posted from transfer
record, 538

Tax stamps, 538

Transfer record corresponds to jour-
nal of commercial accounting, 538

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ASSETS-Continued

BONDS Continued

Trust, how protected by banks and

trust companies, 471

ATTESTATION, BY WITNESSES, 28

ATTESTATION CLAUSE, 31

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Amount, 98

Appraisement, 296

Cancelled, incineration certificate of
bank, 738

Executor's, 89, 90

Form, 727

First mortgage, form of trust agree-
ment, 521

Income, form of trust agreement, 527
Personal property, 8

Personal representative must file un-
less provision against, 485
Should be joint and several, 98
Trustees, 187

BONDHOLDERS, PAYING, BY Trustee, 528
BREACH OF TRUST, TRUSTEES' LIABILITY
FOR, 430

BREAKING WILL (See "Contesting
Will")

BUREAU OF VITAL STATISTICS, DEATH
CERTIFICATE OF, REQUIRED, 540
BURIAL, EXPENSE, PAYMENT PRIOR TO
PREFERRED CLAIM, 130

BUSINESS PROFITS, ANALYSIS OF, TO As-
CERTAIN GOOD-WILL, 298
BUSINESS,

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Accounting, 419

Following trust fund, 421

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CLAIMS Continued

Legacies, abatement, 128
Notice to present, 126

Paying promptly, 132

Payment, requires care, 126
Preferred, 130

Taxes due, 223

Presenting, method, 127
"Right of allowance," 129

Sale of real estate where assets fail,
132

Surviving partner must first pay debts
of partnership, 172

CLEVELAND, GROVER, WILL, 25, 713
CO-EXECUTORS, 88

May act separately, 434

CODICIL,

Revocation, effect of, on will, 35

Form, 715

COLLATERAL MORTGAGE, FORM OF TRUST
AGREEMENT, 522

COMMISSIONS,

Accounting for representatives, 648
Amount, 211

Due executor, determined by court, 33
Forfeiture, 212

Percentage of gross income collected
chargeable against income, 656
Statute, fixed by, 211

COMMISSIONER OF INTERNAL REVENUE, FOR

QUERIES AS TO TAX MATTERS, 231
COMMON LAW GUARDIANS, 158
COMMON LAW TITLES, 360
COMPENSATION,

Amount of trustees, 457
Alabama, 457
California, 457
General, 457
Illinois, 457
Massachusetts, 457
New York, 457
Ohio, 457
Virginia, 457
Commissions, 211
Counsel, 213
Explanatory, 209
Fiscal Agent, 513
Forfeiture, 212

For those who settle estates, 209-213
Lawyer's, 205

Factors involved in making charge,
206

Personal representative, 210

Reasonable, where no statutory, 210
Sinking fund, for care by trustee, 529

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