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Legal Terms – devastavit
[Latin: he has wasted] The negligence of a personal representative to efficiently and appropriately manage a deceased individual's estate. If he fully pays a legacy that is subject to potential abatement, he is personally accountable for the losses incurred by other recipients due to his mismanagement. He may also be held accountable if, for instance, he disposes of an estate asset at a diminished value, even if working in good faith, or improperly allocates the estate to individuals not entitled to receive it under the will or intestacy laws.
[Latin: he has wasted] The negligence of a personal representative to efficiently and appropriately manage a deceased individual's estate. If he fully pays a legacy that is subject to potential abatement, he is personally accountable for the losses incurred by other recipients due to his mismanagement. He may also be held accountable if, for instance, he disposes of an estate asset at a diminished value, even if working in good faith, or improperly allocates the estate to individuals not entitled to receive it under the will or intestacy laws.
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