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The executor can make a claim against the estate for expenses. The probate court will have to approve. The expenses have to be reasonable and normal.
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An expense from the past that you can't get your money back?
College
Borrowing money and now they are deceased to you have to pay back the estate.?
You still owed the money. The executor can ask you to pay back the loan. They can also credit it to any inheritence you may receive.
When does an executor of a will get paid by the estate if they have to pay outstanding bills left by decedant?
The executor should never pay the bills themselves. They should have the estate do it. Yes, with proper receipts, there should be no problem with getting the money back.
Can you get money back on your taxes if you pay for college out of you pocket?
It is only deductible if you are already in the field and can relate the courses to your current work. If you actually get money back on your taxes is an entirely different issue.
Tell you 2 disadvantages of borrowing money?
1) if you cannot pay it back the lender is out of pocket. 2) you then owe that person and all extra money you have until you pay them back belongs to them. borrowing can be okay if the amount is under about £10 though
An expense from the past that you can't get your money back?
College
Can an executor take back money that is not wanted by an heir?
An heir may decline to accept an inheritance. The executor then has to distribute the assets per the will.
I have a full accounting of the estate funds and the executor took money from the estate how do get this money back from the executor I am a beneficary?
The executor is entitled to be paid for their work. The court has to approve the distribution and the fee they charged, which is often set by law. If the estate has been closed, you can sue the executor if they breached their fiduciary duty.
Where does the sales tax money go?
My Back Pocket.
Where do people put their money in Ukraine?
They put in their back pocket.
Aunt is executor of will and stole all the family money. What can be done?
Take her to court. You can petition the court to remove her as executor. She has to provide a complete accounting of the money to the probate court. You could press charges on her and get all the money back and even more.
How can you double your money?
Fold it in half and put it back in your pocket. Invest it shrewdly.
Borrowing money and now they are deceased to you have to pay back the estate.?
You still owed the money. The executor can ask you to pay back the loan. They can also credit it to any inheritence you may receive.
How do you get money back for paying the bills for a dead person?
you have to prepare an invoice that needs to be presented to the executor of the dead persons estate.
Can an executor borrow money from the estate checking account with intentions to pay it back within a couple of weeks?
Not without breaching their fiduciary duties. It would be irresponsible of the executor to do so. It could land them in trouble.
When does an executor of a will get paid by the estate if they have to pay outstanding bills left by decedant?
The executor should never pay the bills themselves. They should have the estate do it. Yes, with proper receipts, there should be no problem with getting the money back.
Can executor hold back monies when will says estate divided by heirs equally?
The executor can hold back some of the money. This is often done to make sure that all tax liabilities have been satisfied. There may also be court costs and other debts to settle.
