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No. Of course they should answer questions, which is easy with the availability of email. However, the interested parties can often be very demanding and expect more of the executor's time than is reasonable. The interested parties to the estate will be notified any time their assent is required as the probate procedure progresses. That's one way to monitor the progress. At any time, those parties can visit the court and request the file to review the executor's progress. If the executor isn't performing their duties with expediency the heirs can request that the court compel the executor to get going.
What else can I help you with?
What do lawyers get out of the will?
Lawyers typically get paid an hourly fee for helping an executor with a will. If they are the executor of the will, they will record their hours and bill the estate for them. In this case it is to their benefit to keep the estate open as long as possible. But all fees have to be approved by the court, so they have to be reasonable.
Does the executor fee continue as long as the estate has property?
Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.
Can you keep a probate estate open for a few years to take advantage of high CD rates?
If it is to the benefit of the estate, yes. The executor has a responsibility to maximize the estate.
In WI does said named executor have rights before the will is admitted to the court and if said executor does not open probate does he still have rights to execute the will?
No and no.
How can the executor legally keep the property if the heir is not found?
The executor is not entitled to keep the property. They hold it for a period of time (specified in the law) and if the beneficiary isn't found it is distributed according to the law.
Can an executor allow a house to be foreclosed on if there is no money in the estate to pay monthly mortgage?
Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.
Can the estate executor who is one of the beneficiaries decide to keep a property when the other beneficiary doesnt want to own it?
Sure, but the other person doesn't have to keep it and can sell their share either to the executor or to a third party.
How to sell a house after a parent dies?
You have to open an estate. The court will then appoint an executor. The executor will have the letter of authority that will, with the court's permission, sell the real property of the estate.
How do I claim my deceased daughters assetts?
Apply to the executor of the estate. If there was no will, you would open the estate with the court, and you could ask to be the executor. You will also have to liquidate all of her debts.
How to download and install Delta Executor?
To download Delta Executor, visit the official website, click on the download button, and follow the installation instructions. Once installed, open the executor, load your scripts, and enjoy enhanced Roblox gameplay with ease!
How long can you remain executor?
As long as the estate is still open. There is not specific length of time.
Is an executor obligated to keep heirs informed of court proceedings of estate?
An executor is obligated to keep heirs informed of court proceedings of an estate. Information should be sent by first class mail or certified return receipt for proof of notification.
