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After an estate is closed how long does it take to get your money?
Wiki User
∙ 14y ago
The length of time for probate vary by county and state to state. But, mostly it depends on the executor as to how efficient they are in doing their duties after the probate process is complete. Find out who the executor (or admnistrator) is and ask them how long it will be before they start distributing the estate. ( You can find out who the executor is by viewing the will at your local Probate Court.)
Wiki User
∙ 14y ago
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Once an estate is closed and the beneficaries are equally deeded the house. Can the exuctrix take money from the sale proceeds to pay other beneficaries not paid before the estate was closed?
if the house is sold can that money be divided before the total estate is closed
How long after death must an estate be closed?
Complex estates can take many years to sort out and close. There is no set time frame for closing an estate.
How long is a personal representative allowed to represent an estate?
Appointment as a personal representative is valid until the estate is closed with the court. Closing of the estate will take at least 4 months, but can take decades. The court also as the ability to remove a personal representative or executor at any time.
How long does it take to get the money that has been left to you in a will?
There are many factors involved in distibuting an estate. The larger the estate, the longer it can take to settle debts and distribute assets. The shortest period of time is normally about 9 months. It can take decades for a really big estate.
How long does it take to settle an estate in probate court?
If the estate is relatively straight forward, it can be done in about 6 months. However, there are tax issues and perhaps property issues that can take longer. And if the will establishes trusts and other requirements, it can take decades to resolve.
Can the IRS take my back taxes out of your son estate if im the executor?
They cannot take money out of the estate for your debts. However, they can place a lien on your inheritance from the estate. When the estate is distributed, your share could be taken.
How long can an estate be open?
There is no upper limit. A complex estate can take decades to close out.
Can administrators wife take money from estate?
The administror's wife has not authority to do anything with the estate. If they do, they can be held accountable for theft or misappropriation.
How long does a real estate broker take?
how long does it take to become a realestate broker in the state of Florida
How long does it take to get a real estate license in usa?
This varies by state, but it doesn't take long. In most states you can take a 6 to 8 week course, pass a Real Estate Licensing test,and get a license.
My uncle left a will and I want to know how long does it take for the will to pay me.?
The will doesn't pay you, the estate does. The estate is created to execute the will. First of all the value of the estate has to be determined. This can take several months. All the debts of the deceased have to be paid. Then, if there is anything left, the executor will follow the rules of the estate. If you are not yet an adult, the money will go into a trust fund until you're 18. Sometimes the will will specifies a certain age.
How long does it take to become a real estate broker?
3 years
