What happens if a liquidator is assigned to manage the process?

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The correct answer is that decisions regarding the management of the process must be authorized by legal heirs. When a liquidator is appointed, their role is to oversee the liquidation of an estate or assets in the event of a death or legal incapacity. However, this process is still subject to the rights and interests of the legal heirs.

Legal heirs have a vested interest in the estate, and their approval is often necessary for decisions made by the liquidator, particularly when it comes to the distribution of assets or any significant actions taken concerning the estate. This ensures that the liquidator acts in the best interest of the heirs and adheres to their rights throughout the liquidation process. By requiring authorization from legal heirs, the system maintains a level of oversight and accountability for the liquidator’s actions.

This context highlights the importance of collaboration and communication between the liquidator and legal heirs during the management of the estate. The involvement of heirs also helps protect their interests and ensures transparency in the administration of the estate.

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