devastavit

devastavit (dev-[schwa]-stay-vit), n. [Latin “he (or she) has wasted”] A personal representative’s failure to administer a decedent’s estate promptly and properly, esp. by spending extravagantly or misapplying assets. • A personal representative who commits waste in this way becomes personally liable to those having claims on the assets, such as creditors and beneficiaries.

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词条贡献者

双语律师Akira，国际知名法学院法律专业，擅长翻译各类与地产开发相关的法律文件。