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It depends on the laws in that state. In some cases for an unsupervised estate, all beneficiaries have to sign that they agree. Other than that, there is seldom anything they need to sign.
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Do family members of a will have to sign off to the executor?
It is important to distinguish here between 'family members' and 'beneficiaries'. If the will leaves the estate to people who aren't family members, then no, those family members do not have to 'sign off' the will. If, however, family members are beneficiaries according to the will, then yes, the beneficiaries will have to sign a release once they have collected whatever amount has been left to them in the will.
Can a home sell even if one of three children beneficiaries refuses to sign off on it?
The beneficiaries do not have to sign off on the sale. The executor has to have the judge sign off on the sale. The other party could purchase the home from the estate if they wished and the judge allows it. Consult a probate attorney for the process.
What are the advantages for estate tax repeal?
The beneficiaries receive the full estate value
Can the executrix of an estate in the state of nc dissolve the estate without the consent of the beneficiaries?
The executrix is responsible to distribute the assets according to the will or the laws. The consent of the beneficiaries is not required.
Do retirements with beneficiaries need to be included in an estate?
Yes.
Does the executor receive the estate in the UK?
No, the beneficiaries receive the estate. An executor could be a beneficiary
Can an Administrator of a deceased estate rent out the estate property without consulting the beneficiaries?
Yes.
An estate files a litigation if won does the heir receive the money or the person filing the suit?
If the suit was filed by the decedent's estate any award will be paid to the estate and will pass to the beneficiaries under the will or according to the state laws of intestacy.If the suit was filed by the decedent's estate any award will be paid to the estate and will pass to the beneficiaries under the will or according to the state laws of intestacy.If the suit was filed by the decedent's estate any award will be paid to the estate and will pass to the beneficiaries under the will or according to the state laws of intestacy.If the suit was filed by the decedent's estate any award will be paid to the estate and will pass to the beneficiaries under the will or according to the state laws of intestacy.
Are beneficiaries on a will responsible for decease's debt?
The estate must be probated and the creditors will be given notice. The decedent's debts must be paid by the estate before any property can be distributed to the beneficiaries.
Does a beneficiary of fully owned retirement community property unit have to accept the devise once the testator is deceased?
No. Generally, a gift from an estate can be disclaimed. You should consult with the attorney who is handling the estate. Since the devise includes real property there may be documents that you must sign surrendering your interest in order to clear the title.No. Generally, a gift from an estate can be disclaimed. You should consult with the attorney who is handling the estate. Since the devise includes real property there may be documents that you must sign surrendering your interest in order to clear the title.No. Generally, a gift from an estate can be disclaimed. You should consult with the attorney who is handling the estate. Since the devise includes real property there may be documents that you must sign surrendering your interest in order to clear the title.No. Generally, a gift from an estate can be disclaimed. You should consult with the attorney who is handling the estate. Since the devise includes real property there may be documents that you must sign surrendering your interest in order to clear the title.
Can a beneficiary rent out estate real property and keep the proceeds to himself at the expense of other beneficiaries?
If that beneficiary inherited the property by himself- yes. If that beneficiary inherited the property along with other beneficiaries- no. Remember that the estate must be probated if it includes real estate in order for legal title to pass to the beneficiaries.
What are the Beneficiaries rights in an estate?
"Rights" may not be the appropriate term. A beneficiary has a "claim" to the estate, arising from their inclusion in the will. Anyway, to get to your question, a beneficiary should be given a copy of the will, so that they may view their entitlement, and the entitlement of all the other beneficiaries. Also, the Executor should contact you and inform you of their progress administrating the estate. As a beneficiary, you may have legal recourse if you do not think the Executor is administrating the estate correctly.
