Title 15 — Decedents' Estates and Fiduciary Relations
24 chapters · 422 sections in this title.
15 V.I.C. § 561 Frequency and content of accounts
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An executor or administrator shall, within three months from the date of the notice of his appointment, and every three months thereafter until the administration is completed and he is discharged from his trust, render an account, verified by his own oath, and file the same with…
15 V.I.C. § 562 Court order to appear and account
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An executor or administrator who fails to file an account, as required in section 561 of this title, may be required by a citation, or ordered by the court to appear and do so, either upon the application of an heir or creditor, or other person interested in the estate, or withou…
15 V.I.C. § 563 Determination of sufficiency of estate
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Within thirty days after the filing of the first quarterly account pursuant to section 561 of this title, and at each quarterly account thereafter, the court shall ascertain and determine if the estate is sufficient, after payment of funeral charges and expenses of administration…
15 V.I.C. § 564 Filing of final account
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(a) When the estate is fully administered the executor or administrator shall file his final account. Such account shall be verified and shall contain a detailed statement of the amount of money received and expended by him, from whom received and to whom paid, and refer to the v…
15 V.I.C. § 565 Objections to final account
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An heir, creditor, or other person interested in the estate may, on or before the day appointed for the hearing and settlement referred to in section 564 of this title, file his objections thereto, or to any particular item thereof, specifying the particulars of his objection. No…
15 V.I.C. § 566 Allowance or disallowance of final account
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Upon the hearing referred to in section 564 of this title, the court shall give a decree allowing or disallowing the final account, either in whole or in part, as may be just and right. The decree in any other action or proceeding between the parties interested or their represent…
15 V.I.C. § 567 Liability of executor or administrator
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(a) An executor or administrator is chargeable in his account with all the property of the estate which may come into his possession at the value of the appraisement contained in the inventory, except as in this chapter otherwise provided. (b) An executor or administrator shall n…
15 V.I.C. § 568 Expenses of executor
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An executor or administrator shall be allowed in the settlement of his account, all necessary expenses incurred in the care, management, and settlement of the estate, including reasonable attorney's fees in any necessary litigation or matter requiring legal advice or counsel.
15 V.I.C. § 569 Compensation of executors and administrators
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(a) Executors and administrators shall be allowed such compensation for their services as the court considers just, except that, when the deceased by his will, has made special provision for the compensation of his executor, such executor is not entitled to any other compensation…
15 V.I.C. § 570 Compounding of debts
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Whenever a debtor of a deceased person is unable to pay all his debts, an executor or administrator, by an order of the court, may compound with him and give him a discharge upon receiving a full and just proportion of his effects. If such compounding is procured or produced by t…