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What else can I help you with?
Can your surviving wife be an heir and an executor on your will?
This is very common in estates. It makes sense as they are the ones that will benefit.
How long after ones death does the executor have to dispose of real propertyin pa?
There is no specific time.
Is it common for ones attorney to be executor of ones will?
Yes.
Can an executor's spouse insert themselves in executing a will?
Legally they have no standing to do so. Only the executor has the court order allowing them to act on behalf of the estate. The spouse certainly may influence them, but the executor still has to account to the court.
Can a will be changed by executor before death?
The testator can change their executor as often as they wish without any sort of notification. Once the estate has been opened and the court has appointed someone, they cannot be changed without notification. The Letters of Authorization have to be revoked and new ones issued.
How does one decline being an executor of a will?
You file a Declination with the court and the alternate executor named in the will is next in line to be appointed. If there is no alternate executor named in the will or if the alternate cannot or will not serve as executor then the court will appoint one. "Residuary legatees" in most states have a prior right to be appointed over "family members" because the residuary legatees are the ones that have a stake in the outcome of the administration of the estate. A "family member" simply by being a family member, may not have an interest in the estate, such as where a child has been disinherited, and would most likely not qualify to be appointed. On the other hand, if all the interested parties to the will assent, any family member capable of serving or a non-related person or financial services company may be appointed such as an attorney, trust department of a bank, accountant, financial consultant, favorite uncle, etc. You should seek the advice of an attorney if the estate needs to be probated. The estate needs to be probated if there are any assets that were owned by the decedent.
Is the executor the only one to pay out money to settal the estate?
The executor is the only one that can authorize payments. In most cases they are the only ones with access to the assets.
Can the president remove any officeholders he has appointed?
YesThe President can remove any officeholders he has appointed.
What laws guide the supreme court decision?
Usually, ones that state they are appointed for life.
What laws Guide Supreme Court decision?
Usually, ones that state they are appointed for life.
What is the meaning of an executor and responsibility?
An executor is the e person who is responsible for settling the details of a deceased person's estate. There can be a single executor or one or more people charged with this job. An executor can be related to the deceased person, can be a friend or a lawyer, accountant, or other professional. The main requirement is that the person chosen as executor be at least 18 years old and have not been convicted of a felony. If you have been named the executor of someone's estate, you have been given a job of great responsibility. Some of these responsibilities include: paying creditors and taxes on the estate, notifying social security and other agencies of the deceased death, canceling credit cards among other things, and distributing the assets left in the estate.The executor of an estate has tremendous responsibility from small tasks to large ones. the executor of the deceased's estate must make sure all of the deceased's taxes and debts are paid, and then distribute what is left to the appropriate beneficiaries. The executor has a "fiduciary duty" to act in a manner of good faith and impartiality in making sure the wishes of the deceased are carried out to whatever extent possible
Why elderly so important?
Because they are the ones who establish knowledges to the youth int heir early ages. In addiction to that, they are the future. If you know what i mean.
