They become part of the deceased persons estate If the decedent had a will, the stocks and bonds pass on to the wills beneficiaries If there was no will, the state intestacy laws determine who gets the stocks and bonds
stocks
The administrator of an estate simply takes care of the details. When there is an administrator, he decides how the estate will be divided. The spouse has no rights to the stocks and bonds. The spouse has rights to a percent of the estate as determined by the law, will, or probate judge. The administrator can decide to give the spouse only stocks, only bonds, or only cash. The administrator can sell everything and divide the money. That is the way it works.
A mutual fund consists of shares of company stocks. Investors can buy shares of funds and so own a small part of more stocks. There are other types of funds: bond funds, real estate funds, money market funds for example.
Life insurance is not considered part of an estate and is not available to pay the decedent's bills and debts. Even if there is no money whatsoever to pay bills, the insurance is not part of the estate. The only exception would be if there were no existing named beneficiaries or if the policy is payable to the estate. But even there, keep in mind that it isn't the "insurance" money that is now available to pay the debts. It is "estate" money, because the proceeds were payable to the estate. The Federal government will include life insurance proceeds as part of the gross estate for federal estate tax purposes, but that does not mean they are actually part of the estate.
They become part of the deceased persons estate If the decedent had a will, the stocks and bonds pass on to the wills beneficiaries If there was no will, the state intestacy laws determine who gets the stocks and bonds
If the stocks are part of the estate's assets and there is a legitimate reason for selling them, such as to pay off debts or distribute assets to beneficiaries, then yes, the executor can be required to sell the stocks as part of their responsibilities. However, the specific requirements and circumstances may depend on the laws governing estates in the relevant jurisdiction and the terms of the will or estate plan. It is advisable to consult with a probate attorney for guidance in such situations.
buy stocks
stocks
In 2003 Arison and his family began to sell some company stocks as part of their estate planning and to diversify their investments.
The stocks will have to be valued as of a specific date, which the executor has some ability to choose. The stocks are then sold and the amount is distributed. The stock ownership may be transferred as well.
The administrator of an estate simply takes care of the details. When there is an administrator, he decides how the estate will be divided. The spouse has no rights to the stocks and bonds. The spouse has rights to a percent of the estate as determined by the law, will, or probate judge. The administrator can decide to give the spouse only stocks, only bonds, or only cash. The administrator can sell everything and divide the money. That is the way it works.
A mutual fund consists of shares of company stocks. Investors can buy shares of funds and so own a small part of more stocks. There are other types of funds: bond funds, real estate funds, money market funds for example.
If the property was part of the estate then the proceeds are also part of the estate.
Real estate would be a good investment in 2011 as real estate does not require you to pay in full, but rather over time and during that time the equity could increase. Maybe think of investing in stocks and bonds as well as real estate if you're looking to get the most back from your investment.
A declining real estate market.
Estate is a noun.