Generally, as part of the probate process the heirs sign a document entitled, "Release of Demands and Assent to Account". Those documents protect the executor or administrator and stay in the probate file with the court.
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.
An heir to an estate is usually the spouse, children, or next of kin. The heir may also be named in a will. If their is none of these options, then the estate will go to the state.
The "estate" or the heir. But the heir's responsibility is limited to the amount of money in the estate. In other words, the heir does not become responsible for all the debts personally as if they were his own. The estate, but not the heir. The heir has no liability for the debt - the debts might only go to reduce the amount the heir might get.
If an heir of an estate dies who entitled to that portion of the money?
If they took possession of estate assets, they can be held liable. Taking the estate through probate is done to cut off these sorts of claims.
Very doubtful. The daughter is entitled to the estate if there is no will.
I was considered 'an heir' of my grandmother's estate under the state laws of intestacy.
Anyone can withdraw from being an heir. There is no requirement to accept an inheritance.
An heir is someone that inherits from an estate due to being a descendant or relative of the deceased.
Typically a will must be filed -- usually in court. Whether you need to actually open a probate estate, however, depends on the size of the estate and who the heir is. For example if the estate is very small and the heir is an adult, the state may have a procedure that simplifies the process. If the estate is large and the heir is a minor, however, as another example, full probate may be required.
It depends on why the heir paid cash to the estate. If it was a loan to the estate, it should be paid back first. If it was to pay the estate back for a loan, it is divided up like the rest of the assets.
You need to explain why a life estate holder is on the verge of losing the property and why you call yourself the heir.