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· 3/18/1986

In Re Estate of Pirie

Citations

  • 492 N.E.2d 884
  • 141 Ill. App. 3d 750

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • an executor’s fiduciary duty to the estate requires the executor to act “with the highest degree of fidelity and utmost good faith in handling estate assets”
  • the court interpreted a portion of the Probate Act to apply the prudent-person standard to investments by corporate executors; it also agreed that if the prudent-investor standard is to be applied, it should be applied by the legislature and not the court
  • raising the above criticisms of Lindberg and Venturelli
  • the court interpreted a portion of the Probate Act to apply the prudent-person standard to investments by corporate executors; it also agreed that if the prudent-investor standard is to be applied, it should be applied by the legislature and not the court
  • raising the above criticisms oí Lindberg and Venturelli

Source: CourtListener parenthetical corpus (CC0).

Judges: Lindberg

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.