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Legal Terms - Executor’s year
The period of one year, commencing with the deceased's death, during which no one may compel his or her personal representatives to distribute the estate, even if the testator has directed payment of a legacy prior to the expiration of that period (Administration of Estates Act 1925 s 44). The complexity of an estate and the nature of the assets may justify personal representatives taking a lengthier time than this.
The period of one year, commencing with the deceased's death, during which no one may compel his or her personal representatives to distribute the estate, even if the testator has directed payment of a legacy prior to the expiration of that period (Administration of Estates Act 1925 s 44). The complexity of an estate and the nature of the assets may justify personal representatives taking a lengthier time than this.
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