§ 59-1001 Management; bond
§ 59-1002 When administrator takes charge
§ 59-1003 Exhibition and surrender of property; statement; contempt
§ 59-1004 Sale of assets
§ 59-1005 Accounting; liabilities and penalties

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Terms Used In Kansas Statutes > Chapter 59 > Article 10 - Partnership Estates

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Property: includes personal and real property. See Kansas Statutes 77-201