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Do i need to set up an estate account for my father if he owned no property or home?
Wiki User
∙ 14y ago
Consult a probate attorney in your area. In most states, there is an 'express' form if there is no real property involved. But there is also a requirement to allow all of the debtors to make their claims.
Wiki User
∙ 14y ago
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When does an heir need legal advice when father dies with no will?
If your father owned any property at the time of his death then his estate must be probated in order for the property to pass to you legally. You should contact attorneys who specialize in probate and request a free consultation.If your father owned any property at the time of his death then his estate must be probated in order for the property to pass to you legally. You should contact attorneys who specialize in probate and request a free consultation.If your father owned any property at the time of his death then his estate must be probated in order for the property to pass to you legally. You should contact attorneys who specialize in probate and request a free consultation.If your father owned any property at the time of his death then his estate must be probated in order for the property to pass to you legally. You should contact attorneys who specialize in probate and request a free consultation.
If your father dies are you and your siblings responsible for his bills?
Your father's estate is responsible for his debts. If he owned any property at the time of his death (including real estate, personal property, bank accounts, etc.) his estate must be probated and that property must be used to pay his creditors. If he owned no assets then his ceditors are out of luck and you should send the bills back with a copy of his death certificate.
Should i pay creditors that have filed against my father's estate from his bank accounts because their is no property?
Bank accounts are considered to be personal property and personal property is an asset of the estate. Creditors that file a claim against the estate are entitled to be paid from the assets of the decedent before any assets can be distributed to the heirs. They must be paid from any funds in a bank account owned by the decedent.
Can an owner sell a property that is real estate owned?
Real Estate Owned, or REO, is a class of property that is owned by a lender. The lender can sell the property.Real Estate Owned, or REO, is a class of property that is owned by a lender. The lender can sell the property.Real Estate Owned, or REO, is a class of property that is owned by a lender. The lender can sell the property.Real Estate Owned, or REO, is a class of property that is owned by a lender. The lender can sell the property.
Is a house and truck part of an estate?
If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.If owned by the decedent, yes. Any property owned by the decedent at the time of death is part of their estate.
In pa when the house is owned jointly it is part of the estate?
When property is owned as joint tenants with the right of survivorship the property is NOT part of the estate of the first joint owner to die.
Does Massachusetts require probate following a death?
If the decedent owned any property- yes. Real property cannot pass to the heirs legally until the estate is probated.If the decedent owned any property- yes. Real property cannot pass to the heirs legally until the estate is probated.If the decedent owned any property- yes. Real property cannot pass to the heirs legally until the estate is probated.If the decedent owned any property- yes. Real property cannot pass to the heirs legally until the estate is probated.
What is a living estate?
Although we tend to think of an estate as being all the property owned by a person at the time of their death, a living estate is all the property owned by a living person.If you are thinking of a life estate see related question link.
What is the legal definition of estate?
An estate is comprised of all the property a living person owns or all the property a decedent owned at the time of their death.
How can you find out if a John Hancock account owned by my father is unclaimed?
How can you find out if a John Hancock Insurance account owned by my deceased father is unclaimed
What does estate mean?
A person's estate is all the property owned including real and personal property. In another sense an estate is a large piece of landed property with an elaborate house on it.
How do you get a deed to real property if the owner passed away in Texas?
The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.
