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What else can I help you with?
What is the purpose of being bonded to gain access to deceased husbands assets?
If the will does not specifically state that no bond shall be required of the Executor of the estate, then the Probate Court MAY, place the requirement of such a bond upon you. This bond would become the 'insurance policy" to the estate that you perform and carry out your duties as Executor properly and correctly.
How can adult children gain access to a deceased parent's bank and investment accounts in New York?
Unless the person is the executor of the deceased's estate or is a joint account holder then he or she cannot gain access without an order from the state probate court.
Can a witness be the executor as well?
In the UK: Yes. Provided they have nothing to gain from the Will.
Can an executor gain access to bank deposit box before probate?
No. An 'executor' has absolutely no power or authority until they have been appointed by the probate court.
Can a named executor be replaced?
Yes. As long as they still have legal capacity, a testator can make changes to their will by executing a codicil which is a new document that is attached to a will. If the changes are substantial or made multiple times it is better to execute a new will and destroy the old one.
Is there any way to get a executrix executor removed from that position if causing trouble?
Yes there is. An Executor (male) Executrix (female) who is doing a poor job or cheating or stealing from the said property of the deceased can indeed be taken off the Will, but you will have to see a lawyer about this and prove it. Be very careful with this accusation and learn about Probate, and what the duties of an Executor/Executrix. You can find out by going on www.google.com and asking "What are the duties of an Executor regarding a Will?" Here is a quick scan over what their duties are (I've done it.) For instance, if there are 2 or more heirs in the Will, they can vote re ousting out the Executor/Executrix. **If the heirs are the children of the deceased they have the right to go onto the property and retrieve any personal effects of their parent(s). The Executor/Executrix cannot stop this! DUTIES OF EXECUTOR/EXECUTRIX Once the person is deceased the Executor/Executrix has the right to pay off things like funeral costs, etc., and small bills such as Hydro, electricity, phone, cable, outstanding charge card balances, etc. However, they MUST KEEP RECORDS! Then the Will goes to Probate. Probate makes sure that all house/personal taxes are paid as well as any other outstanding debts such as mortgages, back taxes on home/property, etc. If the Estate is small to average the Executor/Executrix has the right to either do this on their own (you can get the forms) and it's much cheaper and usually quicker than a lawyer doing it and not as hard as lawyers would have you believe. If the Executor/Executrix decides to this they have to account for everything in the said Will and ALL expenses they have had since that person's death. The Executor/Executrix can sell the home, but should give the heirs a chance to decide if one of them wants to buy that house or property outright. Once the house/property is sold that money goes back into the Estate and divided according to the wishes of the deceased. The Executor/Executrix can also sell a car, motorcycle, boat, etc., but, if one of the heirs would like to buy it they should have that option and proceeds go back into the Estate to be equally divided by the said heirs. THE EXECUTOR/EXECUTRIX CANNOT CHARGE GAS, USE ANY MONEY FROM ANY ACCOUNT OF THE DECEASED FOR THEIR OWN PERSONAL GAIN ... SUCH AS BUYING SOMETHING FOR THEMSELVES. In some Wills a person will leave anywhere from 2% - 5% or possibly more of the entire Estate to the Executor/Executrix for their time and effort. If it isn't stated in the Will, the heirs don't have to give them anything, but should if they feel a good job as it can be time consuming processing a Will. Usually 3% is fair, but depends if it's a small or large Estate. I would highly suggest you see your lawyer. Good luck Marcy * Probate laws differ in each state. Therefore not all such acts noted are legal in all US states. For example, in many states no property regardless of what the item may be can be taken, sold or distributed until permission is granted by the probate court. In other states any property that is exempted from probate can be distributed to family members or heirs as it is not subject to creditor action in case of outstanding debts. In most US states the only way an executor, executrix or personal representative can be removed is by a bringing suit in probate court charging said persons with misappropriation and mishandling of the estate. Removing a fiduciary is damaging to the estate and is rarely allowed by the court. And of course the accused party has the right to defend themselves and so on and so forth, in other words it is time consuming and usually very expensive. This is the reason it is not prudent to waive bonding of an executor or executrix even if the grantor prefers to do so.
Do the colors of the the party supplies match the other decorations that I will be using?
make the party envirmonment focus on one color not a theme that way you can use it gain
Forward contracts are zero-sum games explain?
Forward is a contract of underlying assets including time period,rate and other logical conditions between buyer and seller for future periods.Here one party gains other party losses.The gain of one party is the loss of other party.Reversely,the loss of one party is the gain of other party.Here we see that net domestic income is zero. For this reason, forward contract is called zero sum contract.
All About The Executor Of A Will?
The executor of a will holds the responsibility of offering the will for probate after the testator, or creator of the will, has died. Property must also be distributed, according to the instructions in the will, by the executor. Time must be spent dealing with creditors and debtors to the decedent’s estate. Depending on each individual situation and size of the estate, duties may include more tasks. Holding the title of executor is a serious responsibility and requires the designated executor to have a good ethic. Property of the deceased testator that is not left to the executor must never be used for personal gain. Executors may be removed from a will before the death of a testator, but this must be performed by the testator. An amendment, or codocil, is formed and new revisions are made. After the death of the testator, the removal of an executor is more difficult. With proper court proceedings and valid reasoning, the executor may be removed by approved parties. Spouses, children, family members or those holding special relationships to the deceased testator may file petitions with the court to remove the testator. Removal is not always granted, but when reasonable grounds are proven, it is usually accomplished. Most wills list an alternate executor to be appointed, should the original executor die first or be unable to fulfill their duties - or be removed. If no alternate executor is named, such as in a hand-written will, the court will appoint a new executor. Sometimes a person may not wish to be the executor of a will, but were appointed without their knowledge. With a busy life schedule, physical or mental handicaps, some people are unable or do not wish to take this responsibility. The courthouse in the county where the death occurred will have a form that allows an executor to perform self-removal. By filling out a removal petition in the presence of the clerk, who counts as a witness, the executor may remove his or her affiliation with the testator’s will. In such cases, the alternate executor will be appointed or the court will appoint one. When making a will, it is in the best interest of the testator to choose a person or persons who are aware they are being named. Choosing an executor who is trustworthy and capable will ensure that the will is carried out properly and assets distributed honestly.
How did Blair gain a parliamentary majority in the house of commons?
more labour mp's won than any other party
What did the peasants gain during the french revolution?
The peasants were able to become landlords, not pay taxes to former lords and the right to vote as benefits from the French Revolution. Women were able to receive education and be recognized equally than before.
When did Zimbabwe gain independence which party has ruled since then and is its leader?
whendid zimbabwe gain independence which party has ruled since and whose its leader
