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how do i set up on line banking?
You first need to have a bank account. If you have one you notify your bank and ask for a user name and password. Some banks allow you to do it yourself other will do it for you, You just need to know your specific banks policy.
Can a bank provide a loan to an estate beneficiary if the will is true to what is stated within?
Yes, but only if ALL of the following are true: * The death is not contested * The will is not contested * Probate debt is clear * Beneficiaries are well defined * Beneficiaries shares are well defined The higher the amount of complexity in the estate and the will, the longer that it will take for the beneficiaries to receive their share of the estate. There are few banks that will take a risk on that complexity until there is a clear ownership of the assets and that will only be made clear during the end of the probate process.
Can a beneficiary stay at a property without paying rent to other beneficiaries?
They are not responsible to the other beneficiaries, they are responsible to the estate. It is up to the executor to make sure things are done fairly.
The expression burst their banks means a Eroded their banks b Overflowed their banks?
The expression burst their banks means that they overflowed their banks.
What are specialised banks?
Specialized Banks are the banks, which are formed to fulfill specific requirements of business industries and export units.Export-Import Banks, Industrial Development Banks, Foreign Exchange Banks are the Examples of Specialized Banks.
Does an executor have to find living relatives?
That is one of their jobs. They have to notify all the beneficiaries.
Do banks notify the IRS when you open an account?
Yes, they do.
How long does an employer or insurance company have to notify beneficiaries of a policy when one of their employees dies?
Life InsuranceWhy would you wait? Notify them! I would think wifey would know that Hubby deceased already.
Does the trustee of a irrevocable trust have to notify all family members of what is left in the trust?
The beneficiaries are entitled to an accounting to make sure the trustee is not wasting the trust assets.
Does a will get read even if the executer of the will does not notify the deceased attorney and how does this occur?
Yes, a will can still be read and executed even if the executor does not notify the deceased attorney. The process usually involves the executor presenting the will to the appropriate court, which will then oversee the administration of the estate. The court will then notify all interested parties, including potential beneficiaries, regardless of whether the attorney is aware or involved.
Should a solicitor notify beneficiaries if an executor owes money to the estate?
Generally, an executor is in a fiduciary position and thus prohibited from using the assets of an estate for personal use. It should be reported to the court immediately.
Does beneficiary have to be notified by agent or insurance company for nonpayment of life policy premiums that ex-husband did not pay?
The company or agent is not required to notify any of the beneficiaries. Usually only the owner/insured are notified.
Do banks typically notify you when they plan on starting the repossession process of a car in NC?
yes. you wil get late notices for your deliquent payments .
Is a bank required to notify you if your account is overdrawn?
No. That is why they send out monthly statements. If you do not monitor this for yourself then you will find out when you receive your statement. If banks had to notify every person that overdrew there acct in any given day that is all they would get done doing.
Is it illegal for one member of family to withhold insurance policy details of deceased mother from siblings?
The information should be available to all family members who are the beneficiaries of the policy or are affected by the probate of the deceased person's estate. If the person withholding the information is the Executor of the estate, that person does not have the right to withhold this knowledge from the beneficiaries of the policy. Notify the probate court of this,
How do you keep beneficiaries from constantly contacting you as the trustee of a living irrevocable trust instead of contacting the lawyer?
If you are the trustee then you have certain responsibilities regarding the operation of the trust. Perhaps you should call the lawyer and ascertain what your responsibilities as trustee encompass. There may be situations where the beneficiaries have the right to call you. Straighten it all out with the attorney and then notify the beneficiaries in writing about your responsibilities and who they should call when they have a question or request.It is likely that you are paid a fee for your role as trustee. The attorney would also be paid a legal fee for any time she spends dealing with the trust. Therefore, you should come to an understanding about who should be called regarding questions by the beneficiaries. Once you arrive at an understanding of your own duties you could arrange to have the beneficiaries email you with their comments, questions and requests.If you are the trustee then you have certain responsibilities regarding the operation of the trust. Perhaps you should call the lawyer and ascertain what your responsibilities as trustee encompass. There may be situations where the beneficiaries have the right to call you. Straighten it all out with the attorney and then notify the beneficiaries in writing about your responsibilities and who they should call when they have a question or request.It is likely that you are paid a fee for your role as trustee. The attorney would also be paid a legal fee for any time she spends dealing with the trust. Therefore, you should come to an understanding about who should be called regarding questions by the beneficiaries. Once you arrive at an understanding of your own duties you could arrange to have the beneficiaries email you with their comments, questions and requests.If you are the trustee then you have certain responsibilities regarding the operation of the trust. Perhaps you should call the lawyer and ascertain what your responsibilities as trustee encompass. There may be situations where the beneficiaries have the right to call you. Straighten it all out with the attorney and then notify the beneficiaries in writing about your responsibilities and who they should call when they have a question or request.It is likely that you are paid a fee for your role as trustee. The attorney would also be paid a legal fee for any time she spends dealing with the trust. Therefore, you should come to an understanding about who should be called regarding questions by the beneficiaries. Once you arrive at an understanding of your own duties you could arrange to have the beneficiaries email you with their comments, questions and requests.If you are the trustee then you have certain responsibilities regarding the operation of the trust. Perhaps you should call the lawyer and ascertain what your responsibilities as trustee encompass. There may be situations where the beneficiaries have the right to call you. Straighten it all out with the attorney and then notify the beneficiaries in writing about your responsibilities and who they should call when they have a question or request.It is likely that you are paid a fee for your role as trustee. The attorney would also be paid a legal fee for any time she spends dealing with the trust. Therefore, you should come to an understanding about who should be called regarding questions by the beneficiaries. Once you arrive at an understanding of your own duties you could arrange to have the beneficiaries email you with their comments, questions and requests.
how do i set up on line banking?
You first need to have a bank account. If you have one you notify your bank and ask for a user name and password. Some banks allow you to do it yourself other will do it for you, You just need to know your specific banks policy.
