administration accounts

Croatian translation: (bankovni) računi za upravljanje ostavinom

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:administration accounts
Croatian translation:(bankovni) računi za upravljanje ostavinom
Entered by: Karen Ordanic

12:47 Jul 19, 2006
English to Croatian translations [PRO]
Law/Patents - Law (general) / Probate and estate administration
English term or phrase: administration accounts
Ovo je naslov dokumenta koji se odnosi na ostavinski postupak.
Dubravka Hrastovec
Croatia
Local time: 13:02
(bankovni) računi za upravljanje ostavinom
Explanation:
Izvršitelj oporuke otvara bankovni račun u svrhu upravljanja ostavinom.

The executor will also open a bank account in the name of the estate in which to deposit income and receipts of the estate, and out of which to pay expenses, and make distributions to the beneficiaries.
The executor must review all records to determine all of the assets of your estate, and physically take custody of all assets which are subject to probate...
After taking custody, the executor must determine the fair market value of the estate property, pay any debts still outstanding, resolve any claims by creditors, and pay the costs of all expenses incurred in administering the estate...
Selected response from:

Karen Ordanic
Local time: 08:02
Grading comment
Zahvaljujem.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +2(bankovni) računi za upravljanje ostavinom
Karen Ordanic


  

Answers


5 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
(bankovni) računi za upravljanje ostavinom


Explanation:
Izvršitelj oporuke otvara bankovni račun u svrhu upravljanja ostavinom.

The executor will also open a bank account in the name of the estate in which to deposit income and receipts of the estate, and out of which to pay expenses, and make distributions to the beneficiaries.
The executor must review all records to determine all of the assets of your estate, and physically take custody of all assets which are subject to probate...
After taking custody, the executor must determine the fair market value of the estate property, pay any debts still outstanding, resolve any claims by creditors, and pay the costs of all expenses incurred in administering the estate...



    Reference: http://www.lectlaw.com/filesh/qfl08.htm
Karen Ordanic
Local time: 08:02
Specializes in field
Native speaker of: Native in CroatianCroatian, Native in EnglishEnglish
PRO pts in category: 40
Grading comment
Zahvaljujem.

Peer comments on this answer (and responses from the answerer)
agree  Sherefedin MUSTAFA
2 mins
  -> Hvala :)

agree  Veronica Prpic Uhing
16 hrs
  -> Hvala
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