Title 15 — Decedents' Estates and Fiduciary Relations
24 chapters · 422 sections in this title.
15 V.I.C. § 311 Right to possession of property
0.7K chars
The executor or administrator is entitled to the possession and control of the property of the deceased both real and personal and to receive the rents and profits thereof until the administration is completed, or the same is surrendered to the heirs or devisees by order of the c…
15 V.I.C. § 312 Filing of inventory
0.3K chars
An executor or administrator shall within one month from the date of his appointment, or such further time as the court may allow, make and file with the clerk of the court an inventory, verified by his oath, of all the real and personal property of the deceased which comes to hi…
15 V.I.C. § 313 Contents of inventory
0.6K chars
The inventory referred to in section 312 of this title shall contain an account of all money belonging to the deceased, or a statement that none has come to the possession or knowledge of the executor or administrator. It shall also contain a statement of all debts due the deceas…
15 V.I.C. § 314 Appraisal of property
1.0K chars
(a) Before the inventory referred to in section 312 of this title is filed, the property therein specified which is in this territory shall be appraised at its true cash value by two disinterested and competent persons, who shall be appointed by the court. (b) Before making the a…
15 V.I.C. § 315 Inventory of claims of testator against executor
0.5K chars
The naming of any one as executor in a will shall not operate to discharge such executor from any claim which the testator had against him, but the claim shall be included in the inventory. If the person so named afterwards takes upon himself the administration of the estate, he …
15 V.I.C. § 316 Discharge or bequest of debt in will
0.3K chars
The discharge or bequest in a will of any claim of the testator against a person named as executor therein, or against any other person, shall, as against the creditors of the deceased, be invalid. Such claim shall be included in the inventory, and for all purposes of administrat…
15 V.I.C. § 317 Newly discovered property
0.3K chars
If, after the filing of the inventory, property not mentioned therein shall come to the knowledge or possession of the executor or administrator, he shall immediately make an inventory thereof and cause the same to be appraised in the manner prescribed in this chapter and file th…
15 V.I.C. § 318 Concealing, secreting or disposing of property
1.1K chars
(a) Whenever it appears probable from the affidavit of an executor or administrator, or of an heir or other person interested in the estate, that any person has concealed or in any way secreted or disposed of any property of the estate, or any writing relating or pertaining there…
15 V.I.C. § 319 Examination of persons entrusted with property
0.4K chars
The court, upon the application of the executor or administrator, may cite any person who has been intrusted with any of the property of the deceased to appear and answer concerning the same when it appears probable that such person refuses or neglects to render to the executor o…
15 V.I.C. § 320 Embezzlement of decedent's property
0.3K chars
If any person, before administration is granted, embezzles, aliens, or in any way converts to his own use any of the property of a deceased person, he shall be liable to the executor or administrator in double the amount of damages which may be assessed.