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Can an administratrix buy property of the estate even if one benificiary objects?
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What does an administratrix of the estate have power of attoney?
what is the power of attorney duties for a living will?
How do you have administratrix transfer real property?
Generally, an Administrator must petition the court for a license to sell the real estate. You would need to check the laws of your state. The attorney who is handling the estate should be able to answer your question.
Is there a way to calculate two life estates granted in the same will?
A life estate is measured based on the life of the benificiary and is applied to whatever property they got the grant in. If two people are given a life estate in the same piece of property, it will be measured on the life of the longest living one. You could have any number of people given a life estate in a trust or property.
How do we terminate my mother's estate it was unnecisary there is no real property and we've proven my sister to be benificiary?
First, has an estate been open with the Court of jurisdiction? If not, then you don;t need to do anything. If there was a probate proceeding opened you will need to check with the court. they will give you all the information you need to close your mother's estate properly.
If there are seven heirs to an estate and one goes and appoints their-self as administratrix to the estate isn't there a petition involved for the other heirs to agree to this person who was appointed?
Yes everyone has to sign papers and agree on a person that will administate the estate and setle it and see to that the wishes said in the will are carried out.
How do you get letter of administration to be given bond as of administratrix in?
You must petition the probate court to be appointed the administrator of the estate. If you are appointed you will need to post a bond and you will be issued Letters of Administration.
Is money from the sale of property part of the estate?
If the property was part of the estate then the proceeds are also part of the estate.
Can you be reimbursed for property taxes from estate?
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
Ira has no benificiary and goes to estate can the only living relative take legal control over ira?
Maybe not; the living relative has no authority to take control of an IRA. If there are no beneficiary instructions and no valid will, the IRA will be treated like any other property and be distributed through the probate process.
If an estate property requires significant repairs who pays for them the estate or the person inheriting the property?
The executor is responsible for maintaining the value of the estate. That includes insuring that repairs and maintenance are done on the property. Until the property is transferred to the inheritor, it is the responsibility of the estate.
How do you sign over property left by mother to one sibling?
If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.If the property includes real estate the estate must be probated in order for title to pass to the devisee.
What happens if you are named a benificiary in an insurance policy but the will says different?
The will has no relationship to the insurance policy. The Policy is a contract between the insurance company and the insured and does not become a part of the estate.
