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devastavit

Italian translation: he has wasted

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:devastavit
Italian translation:he has wasted
Entered by: Rosalba Sorrentino
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02:41 Jul 8, 2001
English to Italian translations [PRO]
English term or phrase: devastavit
testo commerciale
xxxstefanom
Local time: 15:36
he has wasted
Explanation:
Latin for "he has wasted". This is the technical word referring to a personal representative who has mismanaged the estate and allowed an avoidable loss to occur. This action opens the personal representative to personal liability for the loss.

Hope it helps!
Selected response from:

Rosalba Sorrentino
Local time: 15:36
Grading comment
Graded automatically based on peer agreement. KudoZ.
4 KudoZ points were awarded for this answer

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Summary of answers provided
na +2he has wasted
Rosalba Sorrentino
naDevastavit, o wasteFrancescoP
navedi testo
Laura Gentili


  

Answers


14 mins peer agreement (net): +2
he has wasted


Explanation:
Latin for "he has wasted". This is the technical word referring to a personal representative who has mismanaged the estate and allowed an avoidable loss to occur. This action opens the personal representative to personal liability for the loss.

Hope it helps!


    Rosalba
Rosalba Sorrentino
Local time: 15:36
Native speaker of: Native in ItalianItalian
PRO pts in pair: 47
Grading comment
Graded automatically based on peer agreement. KudoZ.

Peer comments on this answer (and responses from the answerer)
agree  flaviofbg
3 hrs

agree  Gilda Manara
285 days
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23 mins
vedi testo


Explanation:
DEVASTAVIT - A devastavit is a mismanagement and waste by an executor, administrator, or other trustee of the estate and effects trusted to him as such, by which a loss occurs.
It takes place by direct abuse, by mal-administration, and by neglect.

By Direct Abuse. This takes place when the executor, administrator, or trustee, sells, embezzles, or converts to his own use, the goods entrusted to him releases a claim due to the estate or surrenders a lease below its value. These instances sufficiently show that any wilful waste of the property will be considered as a direct devastavit.

By Mal-Administration. Devastavit by mal-administration most frequently occurs by the payment of claims which were not due nor owing; or by paying others out of the order in which they ought to be paid; or by the payment of legacies before all the debts have been satisfied.

By Neglect. Negligence on the part of an executor, administrator, or trustee, may equally tend to the waste of the estate, as the direct destruction or mal-administration of the assets, and render him guilty of a devastavit. The neglect to sell the goods at a fair price, within a reasonable time or, if they are perishable goods, before they are wasted, will be a devastavit. And a neglect to collect a doubtful debt, which by proper exertion might have been collected, will be so considered.

The law requires good faith and due diligence from trustees, the want of which is punished by making them responsible for the losses which may be sustained by the property entrusted to them. Therefore, when a party has been guilty of a devastavit, he is required to make up the loss out of his own estate.




Laura Gentili
Italy
Local time: 15:36
Native speaker of: Native in ItalianItalian
PRO pts in pair: 4999
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58 mins
Devastavit, o waste


Explanation:
Aggiungo a quanto già detto dalla collega Laura (che saluto cordialmente): devastavit o waste è la cattiva amministrazione del relitto ereditario da parte del personal representative; gli aventi diritto possono intentare un'azione di risarcimento e chiedere che l'administration abbia luogo sotto il controllo del giudice.

Buona fortuna,

Francesco

FrancescoP
United States
Local time: 06:36
Native speaker of: Native in ItalianItalian
PRO pts in pair: 148
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