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Can you be reimbursed for funeral expenses and probate from your siblings from a sell of a estate?
Pattymake
These would be valid claims against the estate. It should be a debt that the estate pays. No they are not personally responsible for the debt. One of the primary reasons to open an estate is to resolve such debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
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∙ 13y ago
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Are funeral expenses to be paid before the insurance proceeds are divided if the beneficiaries on the life insurance policy are minors?
Funeral Expenses and costs are determined by the funeral home providing the services not by the probate process. Funeral expenses should be paid promptly and if agreed, reimbursed later.
Can an unpaid executor get paid for gasoline expenses?
As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.
Who covers probate cost when house does not sell?
Generally, the heirs cover the expenses and get reimbursed when the property is sold.
Can an executor reimburse a beneficiary for funeral costs?
Most wills have a provision providing for payment of funeral expenses out of the proceeds of the estate. Check the deceased's will to see if this indeed is the case. If so, a beneficiary (or any other person for that matter) who pays the funeral expenses should be reimbursed. As a side note, the expenses associated with the funeral are usually deductible expenses when filing the estate's inheritance tax return. Check with either an estate attorney or the register of wills (or Orphan's Court) of the county where the will was probated (or will be probated). You should be able to get the answers you need from the register of wills.
What can you do when you paid for your stepfather's funeral but received no portion of the estate or were reimbursed by family members for burial costs.?
The insurance funds and estate assets should cover the funeral expenses. You need to contact attorney who is probating the will to insure you are reimbursed for your expenses. You can make a claim against the estate just as long as you have all receipts to make it legal! * It would appear that the deceased's estate has already been probated or assets and property that were distributed were those that were exempt from probate procedure, either via a Will or probate succession laws. If that is the case, the only option for recovering monies spent for funeral and other costs would be for the injured party to bring suit against those adult family members who would have been involved. If the estate has not been closed by probate procedure it may be possible to make a claim, the deciding factor is the time that has expired between the filing of the estate and the filing of the claim of money owed. Be advised, the law does not require surviving children or family members to pay funeral expenses. The executor of the estate should have been responsible for the matter unless another family member volunteered to take the responsibility. It is an arbitrary choice, and if an agreement was not made with other individuals to share the expenses, then the plaintiff in a suit is not likely to prevail.
What are reasonable executor's fees?
In addition to all out-of-pocket expenses in managing and settling the estate, Personal Representatives (executors) generally earn a fee of about 2% of the probate estate for their work. (This varies moderately in jurisdictions and generally decreases as a percentage as the size of the estate increases). All fees and reimbursed expenses are subject to court approval.
Do beneficiaries of estate receive reimbursement for personal expenses?
The executor may be reimbursed by the estate for out-of-pocket expenses related to the settling of the estate, such as maintaining a property (and mortgage payments) until sale, clean-up costs, etc, and may be paid a minimal hourly fee for some such work. The funeral home is typically the first debt paid from the estate, ahead of other debts and ahead of the named beneficiaries.But neither the executor nor other beneficiaries are not entitled to reimbursement by the estate for personal expensessuch as travel to funeral, hotel, restaurants, new suit, etc. Those are personal expenses which are voluntary on the part of the bereaved and unrelated to the estate.On the other hand, many people have small life insurance policies with specified beneficiaries, intended to help with those immediate expenses. Such policies do not have to go through probate and may pay out quite quickly.
Can a frozen bank account be used for funeral expenses?
A court will need to lift the "freeze" order before funds can be removed from the attached account. If the account belonged to the deceased the probate court has jurisdiction, in which case funeral expenses will be paid from the estate of the deceased. If the account does not belong to the deceased it is unlikely that a request for release will be granted unless the requester can provide documentation that there is no other means to obtain burial funds.
Can an adult son sell his deceased parent's car to obtain money to pay for funeral expenses?
If he is appointed executor of the estate. If the car is the only asset, there are usually some short forms that can be acquired to transfer title. Consult a probate attorney in your area.
Does Medicare or Medicaid help with funeral expenses?
NO. I say again, NO! SS only pays less than $300 at death. You need Final Expense insurance for pennies on the dollar to pay for the funeral, tombstone, grave site, graveside service, medical bills, probate, estate taxes, etc, etc. If you don't, you leave that financial Burden with your family. ++++++++++++++++++++++++++++++++++++++++++++++++++++ My original answer that Medicaid covers funeral expenses still stands. This is a state by state thing. Some states do and some don't. Indiana Medicaid does pay for SOME funeral expenses; body burial and cremation. The Indiana Medicaid coverage for a body burial is insufficient to cover those costs. Indiana recently raised their maximum for cremation. One cremation company based in Indianapolis will accept the Medicaid money and include an urn without any costs to the family. For information on funeral expenses you may want to take a look at the web site Funerals and Ripoffs. You will be surprised when you read the documented facts about the funeral industry and the site will show you how to save money in planning the funeral. funerals-ripoffs.org
Can executor get money back from out of pocket expense?
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.
Who is responsible for sollicitor probate bill?
The Solicitors costs are known as testamentary expenses and are a first call on the Estate along with funeral expenses. These will be satisfied from the monies within the Estate. If there are insufficient assets it can be the responsibility of the Personal Representatives (PR) of the Estate to satisfy these costs so care must be taken if you are acting as a PR for someone with extensive debts or a small Estate.
