Generally, yes, as long as sufficient records are kept to determine which, if any, benefits were distributed improperly. For example, painting and landscaping the property would be a serious waste of the estate money if the property is going to be immediately deeded to an heir (who should reimburse the estate for the expense). However, if paint and landscaping are reasonably necessary to liquidate the house FOR the estate, then those improvements may be part of the reasonable cost of sale of the house to the joint benefit of all beneficiaries of the residue.
yes
The duties of an executor are to prove the will to bury the deceased collect in the estate to pay the debts in their proper order to pay the legacies and distribute the residue among the persons entitled the executor may bring actions against anyone who is indebted to the testator or are in possession of property belonging to the estate
You must first be certain that what you have is the original (and not a copy) of the Will and that this is the LAST version of the person's Will. The Will usually appoints an executor who is responsible for carrying out what the Will sets out. The Will should be given to the executor(s) along with the death certificate and all the information you can find relating to the persons bank accounts, shares and property holdings (all that the deceased owned). The executor(s) will then prove the Will in a court of probate and once that has been done and any outstanding taxes and debts have been settled, they will distribute the estate (the dead persons property) as the Will instructed.
The named executor or family can secure the property and must immediately file the will and commence the probate procedure. Until appointed by the court, an executor has no legal authority over the estate. If necessary, there is en expedited process by which a temporary executor can be appointed by the court until the executor can be appointed.
No, it is not necessary or wise to distribute any copies of a will during the life of the testator. However, the executor should be informed of where the will can be found when the testator has died and the will must be probated.
Heirs at law are the persons who would inherit the property of a decedent who died with a Will.Heirs at law are the persons who would inherit the property of a decedent who died with a Will.Heirs at law are the persons who would inherit the property of a decedent who died with a Will.Heirs at law are the persons who would inherit the property of a decedent who died with a Will.
The executor is the person that performs the last will and testament of a recently deceased person. The executor is usually named in the will. It can be a family member, a legal representative, or anyone that the person chooses.
no
Being an executor of state is both an honor and a burden as it can be a big task. It is the job of finishing up a persons affairs and dividing up personal belongings after a loved one passes on. It also means making sure a persons debts and taxes are paid.
you have to prepare an invoice that needs to be presented to the executor of the dead persons estate.
I assume you mean in a deed. This means that you warrant that you have the right to sell the property (meaning you and no other persons are the owner of the property) and that you will defend the property against any persons claiming to own the property through you (such as your kids).
Not legally. A power of attorney represents a living person. After their death, the will and its appointed executor are responsible.