Define: Ad Colligendum Bona Defuncti

Ad Colligendum Bona Defuncti
Ad Colligendum Bona Defuncti
What is the dictionary definition of Ad Colligendum Bona Defuncti?
Dictionary Definition of Ad Colligendum Bona Defuncti

Ad Colligendum Bona Defuncti is a Latin legal term that refers to the process of collecting and preserving the assets of a deceased person. It is a legal authority granted to an individual, usually an executor or administrator, by a court to gather and safeguard the property and possessions left behind by the deceased. This process typically involves identifying and locating the assets, taking inventory, appraising their value, and ensuring their proper management until they can be distributed to the rightful beneficiaries or heirs. Ad Colligendum Bona Defuncti is an important step in the administration of an estate and is aimed at protecting the deceased’s assets from loss, damage, or misappropriation.

Full Definition Of Ad Colligendum Bona Defuncti

Ad Colligendum Bona Defuncti is a legal term that refers to a temporary grant of authority given to a person to collect and preserve the assets of a deceased person’s estate. This grant is typically issued by a court when there is a need to protect the assets of the deceased before a formal executor or administrator is appointed.

The purpose of Ad Colligendum Bona Defuncti is to ensure that the assets of the deceased are not wasted, misappropriated, or lost during the period before a permanent representative is appointed. The person granted this authority, known as the ad colligendum, is responsible for taking inventory of the deceased’s assets, securing them, and preventing any unauthorized access or disposal.

The ad colligendum is required to act in the best interests of the estate and is subject to the supervision of the court. They must file periodic reports with the court, detailing the actions taken and the status of the estate. The ad colligendum’s authority is limited to the collection and preservation of assets and does not extend to distributing or managing them.

Once a permanent executor or administrator is appointed, the authority of the ad colligendum ceases, and the responsibility for the estate is transferred to the appointed representative. The ad colligendum may be required to provide an account of their actions to the new representative and the court.

In summary, Ad Colligendum Bona Defuncti is a temporary grant of authority to collect and preserve the assets of a deceased person’s estate. It serves to protect the assets until a permanent representative is appointed and ensures their proper management during this transitional period.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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