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.
专业法律词汇 词条贡献者
法律翻译Howard,在一家顶尖的美国律师事务所担任专职法律翻译,专注翻译各类与信托与财产规划有关的法律文件。
Scroll to Top