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When does an Executor have to show the rest of the family the will?
Wiki User
∙ 8y ago
An executor is required to give notice to the beneficiaries and also to the people who would have been heirs if there had been no will. State laws specify the time within which the notice has to be given. In NJ it is 60 days after probate.
Generally, once a will has been filed for probate it becomes a public record and a copy may be obtained at the court where the will was filed. The executor should make copies of the will available to the beneficiaries. If they don't anyone can obtain a copy from the court.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoThe executor is REQUIRED to provide an accounting to the court that shows how the estate was distributed. The beneficiaries can obtain a copy of the account from the court. Once a probate has been filed with the court the information in the file becomes a public record and anyone can review the file. Executors do not get to act in secret. Every step they take in the settling of the estate is taken under the supervision of the court and the beneficiaries have the right to monitor the proceedings.
Wiki User
∙ 13y agoIf the persons whose will it is is still alive then the answer is no, the executor has no automatic right to see the will. Of course if the person has passed away then the executor must most definitely see the will.
Wiki User
∙ 12y agoNo. But they MUST (and will be required to) notify them after the will is filed.
Wiki User
∙ 10y agoAn executor of a will only has to show inheritor's property records if the said property is going to be sold or rented out . In these cases, proof of ownership would have to be shown.
Wiki User
∙ 10y agoIf the testator died owning property the Will must be filed in probate court so the estate can be settled and distributed.
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What happens if an executor of an estate is removed from the position for mismanagement and stealing but the rest of the heirs will approve of another family member to be the new executor in new york?
The court can appoint a successor. Family squabbling cannot be allowed to stop the probating of the estate.The court can appoint a successor. Family squabbling cannot be allowed to stop the probating of the estate.The court can appoint a successor. Family squabbling cannot be allowed to stop the probating of the estate.The court can appoint a successor. Family squabbling cannot be allowed to stop the probating of the estate.
Can you leave anything to the executor of your will?
Yes, in many cases the executor is a family member and heir.
How about the family member don't want to sign off of executor fees?
Executor fees are set by law. The family does not have to sign off on them.
How do you change the executor of an estate after the death of the family member My brother is executor and wants nothing to do with estate. How can I become the executor?
The executor can file a resignation with the court and you would petition for appointment as the successor.
Is it common for the lawyer to be executor of a will?
It is often the attorney who is named executor of a will. This prevents the family from fighting over how things are done. Banks are another common executor.
Can a executor be beneficiary of a will and insurance policy of the decedent?
Yes, it is very common that a member of the family be named as executor.
What if executor has died before applying for grant of probate?
If at the time of death of the testator the named executor is deceased the court will appoint a successor. Another family member can petition to be appointed the executor or the family can nominate a successor who must be appointed by the court.
What to do with deceased assets if no executor asigned?
The probate court will appoint an executor. It is often a family member or a neutral party.
What is the name of the person in charge of a family estate?
Executor
Can the executor sell family home for less money?
The executor has the right to sell the property. The amount must be a fair market value.
Can your family member who is executor and beneficiary of estate refuse to pay deceased debts?
The executor cannot refuse to pay properly documented debts. They do not have to pay them personally, the money comes from the estate. If there isn't any money, they show the court the assets and distribution and the estate is closed.
Are executor fees taxable income if the deceased was a family member and the executor was also a beneficary?
There is a distinction between money the executor receives as compensation for administering the estate and money the executor receives as an inheritance. The fees are taxable income, the inheritance is not.
