Question

Mr. Pink died testate. In his will, he named his son, Pink Jr., as executor of...

Mr. Pink died testate. In his will, he named his son, Pink Jr., as executor of his estate. After his son declines to serve, his friend, Mr. orange, agrees to serve as executor, and was so appointed by the court. All of Mr. Pink’s property has been distributed to his wife, Mrs. Pink. Who is the personal representative for purposes of filing form 706?
(1) Pink Jr.
(2) Mr. Orange
(3) Mrs. Pink
(4) none of the above

Homework Answers

Answer #1
Answer is (2) Mr orange
Mr orange will be personal reprensentative for the purpose of filing form 706 as he agrees to serve as an exceutor and is in charge.
Mr pink cant be personal representative as he declined to serve as an executor
Personal representative of died person is required to pay his bills , file return and claim refund, distribute property to his or her heirs. He can be an administrator as well as an executor. The person who has died can name who will be serving as an executor after his death but in case named executor refuses to do the job court can appoint an administrator, If nobody is named or appointed the person who is in actual possession of the property of the person who died will be appointed as an executor and will file return.
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