The Personal Representative Does Not Have the Duty to

question 29

Multiple Choice

The personal representative does not have the duty to

• A) inventory the estate.
• B) evaluate claims of creditors.
• C) determine will contests.
• D) distribute the estate at the close of probate.

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Definitions:

Liquidated Debt

A debt or claim whose precise monetary value has been determined, acknowledged, or agreed upon by all involved parties.

Performance

The act of carrying out or accomplishing an action, task, or function.

Equitable Principles

Principles based on fairness, morality, and justice rather than strict rules of law.

Reliance Damages

Compensation awarded for losses suffered as a result of relying on a promise or contract that was not fulfilled.