Public-domain · open source
OpenJurist

Executor's power to sell personal assets

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 242 U.S. 307 - Williams v. Cobb · 1916Most cited · 34 citing opinions

At common law, and no Wisconsin statute is cited to modify the rule, an executor has full power, without any special provision of the will that he is administering or order of court, to sell or dispose of the personal assets of the estate, and thereby to pass good title to them. ... A sale by an executor, even to himself, is not void, but only voidable, at the option of interested persons.