Estate of JOSEPH MASSAGLIA, JR., Deceased. SECURITY PACIFIC NATIONAL BANK, As Special Administrator, etc., Petitioner and Appellant, v. LAURA MASSAGLIA, Objector and Appellant; HONG KONG BANK OF CALIFORNIA, As Administrator With the Will Annexed, etc., Claimant and Appellant
38 Cal. App. 3d 767 ·
California Court of Appeal · Filed
Published · citable
Cited by 1
Holding
The court held that a domiciliary special administrator has a duty to preserve the estate’s equity in ancillary assets located in another jurisdiction, and that the probate court erred by failing to exercise its discretion to determine whether unauthorized expenditures made for that purpose were necessary and reasonable.
Statutes construed
- PROB § 465
- PROB § 467