Sure, why not? However, because the executor of an estate is charged with the gathering of assets and liabilities, and discharge of debts, and the final distribution of the assets after debts, and a final accounting before being turned loose by the Probate Court, it is very important to be scrupulous with the distribution of the bequest to himself.
Yes they do unless there is some legal reason why the bequest is invalid, illegal or contrary to the public policy of the state.
You should receive correspondence notifying you of the bequest. Once the property has been distributed to you you should receive a document or release to sign certifying that you received the property and have no further demands on the estate.
No, the beneficiaries receive the estate. An executor could be a beneficiary
The estate Executor and/or the court will either assign the title or sell the vehicle. If it is part of your bequest the executor will do this with you.
All the rights required. He or she does not need to be an executor to receive any bequest. It is the responsibility and legal duty of the executor to carry out the wishes of the deceased.
Reasonable expenses can be charged to the estate. The executor can also receive payment.
The executor is, by law, entitled to be paid for their time. The rate is often set by law and the probate judge has to approve the distribution. If they have properly documented their time, it is reasonable to bill the estate and collect it. This amount is separate from the amount they are to receive from the estate.
No, you cannot be forced to accept a bequest. You can decline and the money will go to the other beneficiaries.
the executor of the will
The Executor can receive up to 5% of the estate assets, followed by 5% of the income the estate produces.
Yes, nothing prohibits the executor from receiving part of the estate. In fact, it is more common than not for the executor to receive something, as for example, where a husband leaves his estate to his spouse and makes her his executor.
It means they are responsible to administer the estate. They will also receive some of the estate as an heir.
If they are named in the deceased's will and the will is legal and valid, yes.