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Understanding Goods Not Administered: A Comprehensive Legal Guide
Definition & Meaning
"Goods not administered" refers to assets, such as property, personal belongings, and credits, that belonged to a deceased person at the time of their death and remain unchanged and unprocessed when a new administrator is appointed. This term often applies in probate situations, where it is important to distinguish between assets that have been managed and those that have not. For example, funds that a previous executor or administrator collected but kept separate from their personal finances are considered goods not administered.
Table of content
Legal Use & context
This term is primarily used in probate law, which deals with the estate of a deceased individual. Understanding what constitutes goods not administered is crucial for administrators and beneficiaries during the estate settlement process. Users may encounter this term when managing estate-related forms or procedures, and they can find templates designed by legal professionals on platforms like US Legal Forms to assist them.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
(Hypothetical example) If a person passes away leaving behind a collection of artwork, and the previous executor has not sold or altered these pieces, they would be classified as goods not administered. If the new administrator is appointed, they must manage these artworks as part of the estate.
State-by-state differences
Examples of state differences (not exhaustive):
State
Notes
California
Goods not administered are often handled under specific probate codes.
New York
Probate laws may require additional documentation for goods not administered.
Texas
State laws provide clear guidelines on the management of unadministered goods.
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
Comparison with related terms
Term
Definition
Difference
Administered Goods
Assets that have been managed or distributed by an executor or administrator.
Unlike goods not administered, these assets have undergone some form of management.
Decedent's Estate
The total property and assets owned by a deceased person.
Goods not administered are a subset of the decedent's estate that remain unprocessed.
Common misunderstandings
What to do if this term applies to you
If you find yourself dealing with goods not administered, it's important to gather all relevant information about the deceased's assets. Consider the following steps:
Consult with a probate attorney to understand your rights and responsibilities.
Use legal form templates from US Legal Forms to assist in the administration process.
Keep detailed records of all assets and communications related to the estate.
If the situation becomes complex, seeking professional legal assistance is advisable.
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