California Probate Form DE-270 Ex Parte Petition for Authority to Sell Securities and Order does exactly what the name implies. It allows the Personal Representative, Administrator, Executor, Guardian or Conservator to sell securities. In most probates the PR has authority under the Independent Administration of Estates Act so this Court order would NOT be required. However, if no IAEA authority then this Court order would be required to sell. By being “ex parte” it means it will be reviewed by the Judge on an expedited basis rather than waiting for a traditional Court date 6-7 weeks out.
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