Simply tell the court you don't wish to serve. They will appoint someone else as the executor. If there are no family members willing to serve, the court will appoint an attorney or bank to do the work.
No one automatically becomes an executor. The executor must be appointed by the court. The first executor will need to be removed by the court and a successor must be appointed. However, the court will do nothing until a petition is filed requesting the changes.
Yes, she can petition the court to be the sole executor. If there is conflict, the court may very well appoint a third party, a bank or attorney, without a vested interest in the estate. This typically costs the estate money in the form of compensation to the executor.
The court will appoint an executor. That is often an attorney or a bank.
If there is evidence that the executor has not listed all the assets of the decedent the executor should be reported to the court immediately. Any evidence of non-reported property should be presented to the court and the executor should be removed and replaced.
These are called inherent powers. They are provided for in the Constitution by what is known as the "elastic clause."
Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.
Yes, the executor can also be a beneficiary of the Will. Also, in most jurisdictions the executor can be paid from the estate for their services up to a certain amount that is generally set forth in the probate laws.
One of the most important jobs of the executor is to list all the assets and their values. It is critical in order to liquidate the estate and resolve taxes.
yes
First, an executor must be appointed by the court. Until the appointment they have no authority. To commence the probate of a testate estate, the will must be submitted to the probate court for allowance and the executor petitions to be appointed. If the will is allowed and the executor appointed, a probate case is created and that file becomes a public record. Anyone can visit the court, request the file and review the contents. One of the first duties that an executor must perform is to gather up all the property of the decedent and submit an inventory to the court. Any bank accounts must be listed along with their balances. After all the decedents debts have been paid and the property distributed, the executor must submit a final account that details where all the assets went, either to pay the debts of the estate or as distribution to the heirs. Any person can monitor the estate by periodically reviewing the file. No one but the executor is "entitled" to handle bank records. If you think the executor is not reporting assets accurately you can file a motion asking the court to compel the executor to produce bank records. You may need to hire an attorney if the situation gets that serious. See the related question link for a list of the general duties of an executor.
Multiple executors usually causes problems. A single executor is better in my opinion and I would word it that way in the will, even if several alternatives are listed.
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