Vermont Statutes
§ 1058 — Not to gain or lose by increase or decrease in value
Vermont·Title 14 Title 14: Decedents' Estates and Fiduciary Relations·Ch. 63 Chapter 063: Inventory, Appraisal, and Accounts
An executor or administrator shall not profit by the increase, nor suffer loss by the decrease or destruction, without the fiduciary’s fault, of any part of the estate. The executor or administrator shall account for any gain or loss incurred when any property is sold for more or less than the inventory value. (Amended 2017, No. 195 (Adj. Sess.), § 6.)
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Nearby Sections
15
§ 1051
Inventory§ 1052
Appraisers§ 1053
Supplemental inventory§ 1054
Assets not inventoried§ 1057
For what to account§ 1064
Costs to be allowed§ 1065
Fees and expenses