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Answered 2007-08-02 14:24:01

Probably not (or you can file a motion to be dismissed if you get named as a defendant). But the effect on your inheritance may be the same because the estate is sued for the injuries, and pays the award, leaving less money in the estate for your inheritance. You should cheerfully assist in any possible defenses, to protect your contingent interest on the residue.

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In the Philippines you need a Deed of Extra Judicial settlement


Risk defines the possibility of personal injury, or damage to vehicles or property.


It is property that is inherited.


Only if that property was awarded to you as a part of the settlement by the court. If you take personal property otherwise, it's an act of larceny, and you'll be liable to face criminal charges.


A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.A lien is considered personal property.


Property that can only be inherited by a male.


You can have a taxable gain on the sale of personal property however you obtain the property. Individuals do no have to pay estate taxes, the estate of a deceased person would have to pay any inheritance taxes due before property was dispersed to the heirs. As to the sale of property by someone who inherited property, you would owe taxes on any gain on have from the sale of such property. You basis (value) of the property is the fair market value of such property on the date of death of the previous owner. This is called a stepped up basis and a benefit of inherited property.


An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.


He should take all the possession of the property he inherited. Of course if the wife did not inherit any of the property.


Nothing, they are quite entitled to sell any property that they have inherited. Once they have inherited it, it becomes their property to do with as they wish.


Inherited Property Received During Marriage is Considered Separate, not Community PropertyIn Most Community Property States, inherited property acquired after Marriage is not considered a Community Asset. Inherited Property is Separate Property of the Spouse receiving the Inheritance.If Inherited money has been used as a Down payment on a House taken in joint names; or to Purchase another asset or even mixed with Community Funds in a Bank Account, it is possible to have that Separate Property Reimbursed at Divorce, provided it can be "traced." In other words, provided the owner of the Separate Property Inheritance can prove that the funds came from their inherited money.


A legatee is defined as a person who receives goods via a will. Anyone who takes anything pursuant to a will is a legatee. The term is somewhat archaic with a legatee defined as a person who inherited or took personal property as opposed to a devisee, who inherited real property. Both terms were replaced by beneficiary.


If the heir died after the decedent, any property that was inherited by that heir would become part of that heir's estate. The heir's estate would also need to be probated.


Personal Property is property that is not real property nor property that is attached to the land.


Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.Generally, no. If the decedent transferred real property prior to death and the deed was recorded at the time of the transfer, it was not part of the estate when she died.You should note, however, that you referred to the property as "inherited property" in your question. The executor has control over all "inherited property". If the property was transferred to family members prior to death then it was not "inherited".You should discuss this matter with the attorney who is handling the estate.


The difference between personal property and real property is that personal property can depreciate faster than improvement made on real property.


No. A horse would be considered personal property/No. A horse would be considered personal property/No. A horse would be considered personal property/No. A horse would be considered personal property/


Only if you want clear title to the property. If you fail to clear the lien, the property can be sold from under you. If the lien holder does not forclose you will still not be able to sell the property until the lien is satisfied. Just pay the debt, especially if it is valid. When you inherited the property, you inherited the debt.



An airplane is considered personal property.


a personal property is something you bought or got ,and you keep it personal


Generally no. In separate and community property states inherited property remains separate property as long as you take care to not co-mingle it with marital property. Don't use your spouse's money to renovate an inherited house. You should check with an attorney in your state who can review the situation and explain your options.


Money is considered personal property and personal property is part of a person's estate.


No. If the divorce is final, even without a property settlement as part of it, no.




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