§ 59-1401 Possession of property by executor or administrator; marshaling assets; duties prior to final distribution
§ 59-1402 Continuation of business
§ 59-1403 Foreclosure of mortgage
§ 59-1404 Realty acquired
§ 59-1405 Order in which assets to be appropriated
§ 59-1406 Specifically bequeathed property
§ 59-1407 Sale of personal property
§ 59-1408 Refund of legacies and distributive shares
§ 59-1409 Lease of property
§ 59-1410 Sale of realty; conveyance to bona fide purchaser; effect
§ 59-1411 When realty fraudulently conveyed to be included
§ 59-1412 Sale of part or whole
§ 59-1413 Sale under will; exercise of power; tax liens and claims
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Terms Used In Kansas Statutes > Chapter 59 > Article 14 - Management and Sale of Assets

  • Ancillary administration: Probate administration of property (usually real property) owned in a State other than the one in which the decedent had his (her) principal residence at the time of death.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Decedent: A deceased person.
  • Executor: A male person named in a will to carry out the decedent
  • Executor: includes an administrator where the subject matter applies to an administrator. See Kansas Statutes 77-201
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Grantor: The person who establishes a trust and places property into it.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Legatee: A beneficiary of a decedent
  • Minor: means any person defined by Kan. See Kansas Statutes 77-201
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Personal property: All property that is not real property.
  • Personal property: includes money, goods, chattels, evidences of debt and things in action, and digital assets as defined in the revised uniform fiduciary access to digital assets act, Kan. See Kansas Statutes 77-201
  • Probate: Proving a will
  • Property: includes personal and real property. See Kansas Statutes 77-201
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201
  • Testator: A male person who leaves a will at death.