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Can the estate's property be sold before the inventory is made?
Wiki User
∙ 12y ago
No. The decedent's debts must be paid before any property is distributed. There is a statutory time for everything during the probating of the estate.
No. The decedent's debts must be paid before any property is distributed. There is a statutory time for everything during the probating of the estate.
No. The decedent's debts must be paid before any property is distributed. There is a statutory time for everything during the probating of the estate.
No. The decedent's debts must be paid before any property is distributed. There is a statutory time for everything during the probating of the estate.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNo. The decedent's debts must be paid before any property is distributed. There is a statutory time for everything during the probating of the estate.
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Does an heir sibling to an estate have a right to enter estate after death of a parent if they are not the executor?
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.
What is periodic inventory?
The system of inventory where updates are made on a periodic basis is a periodic inventory. In this type of inventory, there is no effort made to keep the records of the cost of goods sold or the inventory up-to-date.
What were the percentages of the 3 estates of French Society just before the Revolution?
Just before the French revolution, the 3 estates of French society were the first estate made up of the Clergy, the second estate made up of nobles and the third estate made up of the peasants. During this time, the first estate made up 0.5% of the population, the second estate made up 1.5% and the third estate made up the remaining 98%.
Can children of a deceased parent be allowed access to parents property after probate but before selling?
Of course. Arrangements should be made for any of the heirs to visit the property before it is sold.
Under which circumstances would adjustments to inventory levels be made?
Adjustments to inventory levels are made when new inventories are bought.
Why did property ownership by women decline in the medieval period?
Women were not allowed rights to property before then. It was thought to be a man's world and owning property made them more equal.
How long do you have to be in a defacto relationship before a claim on the others property can be made?
3 years
What were the three groups of people who made up the Estates General or France's first parliament?
The French Estates General was made up of three main groups. This first Parliament consisted of the First Estates of clergy, the Second Estate of nobility, and the Third Estate of commoners.
What is the impact of ERP on inventory management?
This is a great tool to use to manage your inventory. It has made managing inventory easy to track and to reorder.
What is the impact based on Inventory turnover?
Inventory turnover is the standard at which product inventory is acquired or made and further sold within a year. An assessment of all inventory-related business factors will have an impact on inventory turnover.
How do you use inventory in a sentence?
Eliza took inventory of the number of banners made for the school dance.
Who was involved in Louis XVI calling the Estates General?
Lafayette made the recommendation.
