What is the role of a liquidator in an estate?

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The liquidator has many responsibilities regarding the estate if, he chooses to accept this role.

For more information on the obligations and requirements for a liquidator, please consult The role of the liquidator.

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If you have a holographic will or a will before 2 witnesses, is it valid?
As the liquidator of an estate, what are the delays required to produce an inventory and a rendering of account?