0
Who is responsible when the personal representative distributes to wrong beneficiaries?
Wiki User
∙ 16y ago
The executor is responsible; but he/she has the right to sue the persons who got the money improperly to have that money returned. This right is essentially one that he/she has in order to get reimbursed, because if he/she cannot recover the money he gave out , he has to come up with it out of his own pocket. The people who got the money will have to repay it. They are not entitled to keep it.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Who is responsible for registering property left in a will?
The executor or personal representative named in the will is responsible for registering property left in a will. They are responsible for transferring the assets from the deceased owner to the intended beneficiaries according to the wishes outlined in the will.
Is the personal representative responsible for the deceased's debts?
No.
Is a personal representative liable for the decedent's debts when there is no estate?
The personal representative is not responsible for the debts. The estate pays the debts.
Is personal representative responsible for mortgage of estate?
They are responsible for paying it from the estate's funds. They do not have to pay it personally.
How is the personal representative decided on when there is no will and no estate?
Often the court will grant it to the person that applies for it. They may require all of the beneficiaries agree to the individual, or they may appoint a neutral party.
Is the estate representative responsible for the attorney-in-fact's spending of the deceased money before the deceased death?
You should discuss this issue with the attorney who is handling the estate. If there is evidence that the AIF engaged in self-dealing with the decedent's funds the estate representative may have the responsibility to file suit against the AIF if so directed by the beneficiaries of the estate. The estate representative, once appointed by the court, bears the responsibility to settle the estate properly and should definitely discuss this issue with an attorney to avoid any personal liability.
How can an heir get a copy of the deceased will in a community property agreement?
The personal representative is required within sixty days of probating the Will or taking out letters of administration to notify the heirs at law next of kin and beneficiaries in writing that the Will is probated the date and place of the probate the name and address of the personal representative and a statement that a copy of the Will shall be furnished upon request A proof of mailing would be filed in the Surrogates office evidencing the mailing
Who is responsible for your personal safety?
You are responsible for your personal safety.
Can a personal representative sue a beneficiary for slander?
Yes, a personal representative can sue a beneficiary for slander if the statements made by the beneficiary are false, harmful to the personal representative's reputation, and made with malicious intent. The personal representative would need to prove these elements in court to successfully win a slander case.
What is the corpus of the trust?
The corpus of the trust refers to the assets placed into the trust by the grantor, which are managed by the trustee for the benefit of the trust beneficiaries. These assets can include real estate, investments, personal property, or any other type of property specified in the trust agreement. The trustee is responsible for managing the corpus according to the terms of the trust for the benefit of the beneficiaries.
In Ohio does a personal representative named in the Will have any powers if the estate was relieved of administration no one was named executor and the case was closed?
No. In order to have any authority an executor or personal representative must be appointed by a court.No. In order to have any authority an executor or personal representative must be appointed by a court.No. In order to have any authority an executor or personal representative must be appointed by a court.No. In order to have any authority an executor or personal representative must be appointed by a court.
Can you challenge your step mother in court who is your dead fathers estate representative in court for unclaimed funds in New York State?
If you are named as a beneficiary in the will you do not need to challenge her in court since she will be legally required to distribute the money to the beneficiaries. They will only release the money to the executor or personal representative and no one else. If you have any doubts, consult with a probate attorney.
