After the death of their parents, the brothers and sisters made a chicken and a dog jump for the family property! The "estate administrator" came

After the death of their parents in the TV series, the brothers and sisters made a chicken and a dog jump for the family property. Such a plot can actually be seen in real life!

Now the new role of "estate administrator" is dedicated to sorting things out.

Who will be the "administrator of the estate"? What are you going to do?

Let's take a look

In the Civil Code of the People's Republic of China, which came into effect on January 1, 2021, the role of "estate administrator" was officially unveiled!

The responsibilities of the "estate administrator" are mainly in the "estate administrator" to inventory the heritage, make a list of the heritage, and carry out the necessary measures to keep and properly manage the heritage.

Notify all heirs of the corresponding deceased to go through the inheritance formalities, assist in the settlement of the corresponding creditor's rights and debts of the heir (deceased), including some subsequent issues involving taxes and taxes.

A certificate of "estate administrator" is issued by a notary public in accordance with the law, and this certificate can be used to perform the duties of the corresponding estate administrator.

The role of "estate administrator" has actually been seen in many film and television works, such as the Minister of Magic who came to read the will to distribute the relics after the death of the headmaster in the "Harry Potter" movie, which is the role of the "estate administrator".

So how should an "administrator" be created? Who can act as "estate administrators"?

There are several ways in which "estate administrators" are produced.

The first is through the will (which used to be a system of executors) and now after the implementation of the Codex Code, the executor will be converted to the "administrator" when the will takes effect. If there is no will, it can also be elected through the heirs.

So in general, if there is a will, the role of the "administrator" will better tell the beneficiary of the will, and the person who made the will did make the will when and where he died, including how to distribute it. It has played a role in coordinating and better managing the distribution of estates.

The "administrator of the estate" is determined to avoid disputes in the process of handling the estate.

However, the lawyer reminds that in follow-up on previous cases, if the "administrator" also happens to be the beneficiary of the estate, there is still a possibility of disputes.

When making a will, if you have considered or may have an inheritance dispute between your children after their future death. In the case of discord between brothers and sisters, the "administrator of the estate" should not be set up as his own children. It is better for one of the beneficiaries in the future not to be an "estate administrator" and to choose a qualified law firm as an "estate administrator". The lawyer who is the "administrator of the estate" is certified and filed at the notary office, and once he dies in the future, the lawyer will take the will to help you with the execution procedures of the estate.