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A silver dollar collection was found and the executors want to inventory it but two of the beneficiaries are objecting is it acceptable for the executors to inventory it anyway?
DDD
The beneficiaries have no authority as to how an estate is to be handled. That is the duty of the executor or executrix who will be held personally and legally accountable to the court for all assets and property belonging to the deceased. Therefore the executor has a legal obligation to inventory ALL property and assets and to accurately enter them into the probate filing of the estate.
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∙ 18y ago
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Can executor who has grant of probate distribute the estate between other executors and beneficiaries?
That is the job of the executor. They have to inventory the estate, value the property, resolve debts and then distribute the remainder.
I am an heir in my mothers will but the executor will not provide any information about my inheritance?
You should allow the executor some time to work before demanding information. Executors need time to locate and gather estate assets and determine and pay estate bills. If you are entitled to a percentage of the estate, it would be impossible for an executor to give you an accurate idea of the size and nature of your inheritance.Never the less, you are entitled to know everything about the will and the estate, however, not necessarily as soon as you would like. All states have laws governing the information an executor has to give to beneficiaries, but not all are the same, so you do have to check the laws of the state the will was probated. These laws are made to give executors a reasonable amount of time to perform their work without interruption or intrusion by beneficiaries. Examples are:Beneficiaries are entitled to know that a will that names them as a beneciciary has been admitted to probate. However, all such statutes or rules give executors a reasonable amount of time to do so. In New Jersey it is 60 days.Beneficiaries are entitled to know what the assets of the estate are; however, the executor does need time to compile the inventory of assets. In New Jersey, executors are not required to file inventories with the probate court unless a beneficiary asks the court to force the executor to do so. Unless there are some exigent circumstances, the court will not order an inventory before 6 months after the date of probate. Many other states require the filing of an inventory within a certain period of time. If that time passes, the court will order it to be done.Beneficiaries are entitled to know what bills and administrative expenses are being paid out; however, executors are not required to give regular updates to beneficiaries. In New Jersey, a beneficiary can ask the probate court to compel an executor to file an intermediate accounting, but, unless there are exigent circumstances, the court will not order that accounting until after one year from the date of probate. Some states require an accounting to be filed within a certain period of time, or the court will order it to be done.These time periods do not preclude beneficiaries from asking questions and they do not preclude executors from giving information out sooner.Ultimately, the executor has to prove to your satisfaction that the amount of your inheritance is the amount to which you are entitled. If you are not satisfied, the disagreements will be litigated in court.The whole idea of this system is a balancing of the interests and rights of executors and beneficiaries. It is a recognition of the fact that executors need time to administer the estate free from interruption for a reasonable time. After that, the interests of beneficiaries becomes more important and you can ask a court to compel the giving of information if it is not voluntarilly given.My advice to executors is that the more information given to beneficiaries the better everyone will be.My advice to beneficiaries is let the executor work in peace for a while.Good executors should not be secretive as secrecy breeds suspicion and ill feelings. But good beneficiaries should should not be disruptive and demanding. The constant interruption of an executor's work usually only delays matters.From your perspective:The executor is required to file the Will in Probate Court if your mother owned any property at the time of her death. Once the Will is filed you can visit the Probate Court and ask to see the file. You can review the Will and obtain a copy if you wish. From that point on you can monitor the executor's progress in probating the estate by periodically visiting the court and reviewing the file to see what documents have been filed. You have the right to have the estate probated expeditiously.
What is collection of goods called?
An inventory would be a good word to describe a collection of goods.
What is the collection of goods called?
An inventory would be a good word to describe a collection of goods.
What tasks do executors do when settling an estate?
The first duty is to inventory the estate and value it. Then they have to settle all debts and pay all taxes. Then they distribute the remainder.
How do you get things out of your inventory on the first CD in the Sims complete collection?
Items cannot be manually removed from inventory. Many can only be given as gifts.
How do you store items in your inventory in CityVille in facebook?
not possible. the inventory only stores gifts and quest items. (or items obtained via collection trading)
What is an acceptable method of determining inventory cost under GAAP?
One can use FIFO, LIFO, or Average Costing as acceptable methods for accounting. Standard costing would be an unacceptable answer.
How can you determine the last time that hardware and software inventory was reported from a client?
P.S You might get a message >:D New Record Best Answer In Da World!
How do you vault boost from gifts in Mafia Wars?
If I understand your question right, from the main page (or anywhere really):Click on "Inventory" in the bar with Home, Jobs, Fight, Properties, Inventory, and Godfather on it.On the next page, click on "Collections & Vault" in the bar that's a little lower down on the page and contains the items Inventory (Mafia Store), Loot, Collections & Vaulting, and Gifting.On the ensuing page, scroll down, find the collection you're trying to vault, and, if you have all 7 items, click on the "Vault Collection" graphic on the right hand side of the collection. If you have all 7, the Vault Collection graphic will be lit up. Otherwise, it will be dimmed.Once you vault a collection, you have the option to revault it to gain whatever boost is associated with that particular collection once you complete the collection again. The first vaulting uses up 1 of each item in the collection, so you'll have to recollect each item to revault the collection and gain the associated boost.
How do you put an item into the vault?
you have to collect the items needed in the collection by completing jobs, under the tab "inventory", then the tab "collections and vault" once you get all the items, along the right side is a vault collection button.
What is the use of a computer hardware inventory software?
PC Inventory Software is used to collect data from many or all the computers connected on a network. The collection can bring up information about software and hardware and create an inventory report.
