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November 26, 2022

The executor of your late sister’s estate

1 points Save Answer You are the executor of your late sister’s estate. In the capacity, you pay out funds from the assets in her estate to enable her daughter (your niece) to take a trip to South America, Shortly after, you realize there are not sufficient funds remaining in the estate to pay your sister’s creditors. Now what happens? O The creditors of your sister will lose out and not be repaid Your niece will have to pay back to the estate the money she received for her trip to South America You will have to leave money in your Will to pay your sister’s creditors Your sister’s creditors can demand payment in full for the debt from you personally Moving to another question will save this response. |Question 10 of 30

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