Administrator 2


Definition of "Administrator"

Court-appointed person to manage the estate of a deceased individual who declared no executor or executrix. This person so appointed acts in a fiduciary capacity with regard to that estate.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Rollover And Withholding Rules For Qualified Plan Distributions

Rules stating that every administrator of a qualified pension plan, profit sharing plan, section 401 (K) plan salary reduction plan), section 403(b) p ...

Irrevocable

Something that cannot be taken, returned, or revoked. An example is an irrevocable trust formed by a person giving her real estate to a trust administ ...

Guardian

Person serving as a property administrator for someone who is incompetent due to a mental or physical deficiency. ...

Unemployment Compensation Amendment Of 1992

Amendment to the law that requires companies that manage retirement plans to permit terminating participants to directly transfer any plan distributio ...

Welfare And Pension Plans Disclosure Act

Federal law that requires administrators of pension plans with more than 25 participants to file a plan description with the U.S. Department of Labor. ...

Domiciliary Administrator

Being an administrator in the state where an individual was domiciled at the time of death. The domiciliary administrator is considered the primary a ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add real estate terms app
on your Website

Real Estate Advice

Building a Real Estate Team Property tax in the US: a homebuyer guide Buying a House with Cash vs. Mortgage Short-term Lease Pros and Cons Spring Landscaping Ideas to Improve Curb Appeal and Sell Your House

FAQ

What is a title? How big is an acre? What are closing costs? What is the difference between being prequalified and preapproved for a loan? What is a lock in?