Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
FATHER DIED JAN 2014 LEAVING 3 BROTHERS BUT LEFT NO WILL youngest brother secretly applied to get executor rights i was told he has the money now. he is not a nice person do not talk him.talked when the father died on the phone he made threats and tried to intimadate his eldest brother and middle brother he is the type of person to keep it all he took control of the possessions in the house as well not mentioned by any form of contact that he has the money how do we preceed thanks
An heir does not have that ability. However, the executor must document all assets and cannot take them without recording it.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
The executor of an estate is responsible for the assets of the estate. That means they can bring a lawsuit on behalf of the estate. So, yes, they can accuse or even sue an heir for damaging property.
If you are the executor and heir to an estate with no will, you can you take a loan against the said estate property, but not right away. Lenders typically will not give you a loan on a piece of property until it is in your name.
It means they are responsible to administer the estate. They will also receive some of the estate as an heir.
Yes. Anyone with an interest in a decedent's estate can do so. An heir would be such an animal.
They do not have that right. The executor is responsible for the property and can allow, or not allow, access to the premises. The executor has to inventory the property of the estate and value it before distributions can be made.
The executor of the estate is responsible for the estate. Use of the estate property is an asset and they should pay rent.
Whomever files to be the executor. The estate can be opened by any heir or beneficiary, or even a debtor.
Yes.Yes.Yes.Yes.
That would be up to the lender. Of course, the executor of the estate would have to give that heir the equity in the auto.
They do have that ability to have them removed. The property belongs to the estate and the executor is responsible for it. They can rent or sell the property.
If you evict him properly after consulting with landlord/tenant eviction attorney. Are you going to then sell the property and split money with the heir?
As long as you do not lie on the applications, you can apply to be executor of an estate, even if you are not the heir. However, you are not entitled to any of the estate, only the executor fees. And you have to account for all the assets and turn them over to the appropriate people as directed by the will or the law. And if you don't do it properly, you can be charged.