Sentence:  A representative may, as we have seen, be answerable personally to creditors of the deceased, even for acts done to the best of his judgment, or in the conscientious discharge of his duty. Much more is he so for wrongful acts. These acts are known in legal language as <WSD>"devastavits</WSD>" or acts whereby he has "wasted" or squandered the assets. 
Meaning of the word marked with <WSD> tags:  Waste or misapplication of the assets of a deceased person by an executor or administrator; devastation.