§ 2701 Liability of Personal Representative; Acts of Co-Personal Representative; Personal Profits; Sales; Trust Company as Personal Representative Must Pay Interest
§ 2703 Accounting Required by Court; Enforcement
§ 2705 Accounting After Close of Period for Filing Claims; Final\r\nAccount; Enforcement of Accounting
§ 2709 Revocation of Letters for Absconding or Concealment, and\r\nFailure to Account
§ 2711 Vouchers: Keeping and Filing; Withdrawal; Destruction or\r\nRedelivery
§ 2713 Setting Account for Settlement; Notice; Distribution After\r\nSettlement
§ 2715 Exceptions to Account; Hearing; Reference; Orders
§ 2717 Trial of Contested Claims
§ 2719 Debts Paid Without Filing or Presenting Proper Claims; Allowance on Accounting
§ 2721 Allowance on Lost or Destroyed Vouchers; Duplicates; Allowances Without Vouchers; Restrictions
§ 2723 Order Settling Account; Effect
§ 2727 Expenses, Charges and Debts; Order of Payment
§ 2729 Time for Payment of Expenses of Administration, Funeral, Last Illness, Family Allowance and Wage Claims; Payment of Other Debts and Legacies on Court Order; Funeral and Last Illness Expenses to be Deb
§ 2735 Liability on Allowed Claims; Execution
§ 2737 Claim Omitted From Account; Creditor\’s Remedies
§ 2739 Closing or Continuing Administration After First Order for\r\nPayment
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Terms Used In Guam Code > Title 15 > Chapter 27 - Accounting and Payment of Debts

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Decedent: A deceased person.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Intestate: Dying without leaving a will.
  • Legacy: A gift of property made by will.
  • Oath: A promise to tell the truth.
  • Probate: Proving a will
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Testator: A male person who leaves a will at death.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.