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Can it be specifed in a will how the heirs are to use real estate that is divided among them?
Wiki User
∙ 17y ago
Absolutely, by means of a life estate or other legal instrument.
Wiki User
∙ 17y ago
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What is an heirs deed?
The heir deed is property that is actually divided among the legal heirs of the late person, according to his will.
How can you refuse an inheritance?
Simply refuse to accept it. The inheritance will be divided up among the remaining heirs.
What debts will be the responsibility of the heirs to your estate?
None of the debts are the responsibility of the heirs. The debts are the responsibility of the estate. The executor must settle all, or as many as possible based on the assets of the estate, before they can distribute any of the the estate to the heirs.
How long can mineral rights go without being probated in ND They were in a estate in which the lady died in 1989 and never has been probated?
If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.
Are heirs individually responsible for mishandling estate?
The heirs aren't the persons with the authority to "handle" an estate at all. If a person died owning property their estate must be probated, an estate representative must be appointed and the debts of the estate must be paid before any property is distributed to the heirs. Probate laws govern the distribution of a decedent's estate regarding creditors and heirs. If the court appointed estate representative mishandles the estate they are held personally responsible. If heirs convert assets to their own use, with or without the appointment of an estate representative, the "heirs" are held personally responsible and may find themselves in court for taking the decedent's property and not paying the creditors and/or the other heirs.
If you divide an inheritance of 45600.00 among 22 heirs each heir will receive?
45600000 divided by 22 = 2072.73
Who will get Andy Griffiths estate?
His heirs.
Can land be surveyed without all heirs agreeing?
The actual act of surveying a piece of property can be conducted at anytime. It sounds as if the DIVISION of the property among the heirs is going to be in dispute. It sounds as if either the Executor of the Estate OR the Probate Court may have ordered the survey in order to determine an equitable split of the property among the named heirs.
What if the individual did not declare bankruptcy prior to death but the estate is bankrupt?
If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.If the estate is declared bankrupt by the court the heirs receive nothing and the creditors are out of luck.
Can you be the hier of your step-great grandmother's estate who died without a will?
Step relatives are generally not legal heirs at law in an intestate estate (without a Will).Step relatives are generally not legal heirs at law in an intestate estate (without a Will).Step relatives are generally not legal heirs at law in an intestate estate (without a Will).Step relatives are generally not legal heirs at law in an intestate estate (without a Will).
Who pays your debts when you die?
Your estate, which consists of all of your property as well as any life insurance. If anything is left over from your estate, it is typically distributed among those you assign in your will, or your heirs, if any.
How long does an executor have after a will has been probated to disperse the estate to the named heirs A home has to be sold also and money derived fro sale also divided in boise id?
It will depend on the complexity of the estate. There is no time limit on the execution of the estate.
