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The co-executor must resign and the court can appoint a successor if an independent co-executor is necessary.
The co-executor must resign and the court can appoint a successor if an independent co-executor is necessary.
The co-executor must resign and the court can appoint a successor if an independent co-executor is necessary.
The co-executor must resign and the court can appoint a successor if an independent co-executor is necessary.
What else can I help you with?
What happens when a power of attorney dies and the principal is incapacitated in the state of Alabama?
If there was no successor named in the original POA then that POA is extinguished. If the principal no longer has the legal capacity to execute a new POA then someone must petition the court to be appointed the conservator to manage the estate and the affairs of the person who is now incapacitated.
How do we get real estate out of our deceased grandmother's name when the executrix - her daughter - has become incapacitated and the executrix will is no where to be found.?
Apply to the court for letters of authority. If the situation is properly documented, it should not be a problem.
You have concluded all of your duties as the Independent Executor of an estate and you need to know How do you terminate the estate and your fiduciary relationship?
Generally an estate is closed by filing the final account for allowance. Once the final account is allowed the estate is closed.
If a person that reserves a life estate in property but does not occupy the property becomes incapacitated and has a power of attorney does the appointed person have control over the property?
The power of attorney will have control of the property as long as the individual remains living. The life estate and the power of attorney expire on the death of the grantor.
Settlor created a life estate in her residence for her daughter. Settler is not deceased but incapacitated. Is the daughter responsible for maintenance and upkeep of property while living there.?
Yes, she must maintain the property at least to the extent it was when the life estate was granted, that includes regular maintenance, repairs, taxes, etc.
A person has an Estate of less than $700.000.00 Is it necessary for him or her to have a Living Trust or is just a will all that is really required along with the necessary power of attorney and etc.?
In this case, a will is all that is required to probate the estate. However, a medical power of attorney in case the person is incapacitated is still needed.
If an executor files bankruptcy for his own debt is the estate affected?
No. They are 2 entirely independent entities.
Does WA have an inheritance tax?
Washington state replaced its inheritance tax with an estate tax in 1982.
How many y hollidayas do real estate agents get?
Since real estate agents are independent contractors and are self employed, most agents work by appointment only. It is up the real estate agent if they want to work on holidays.
Where can I find an online real estate school?
The best place to look is through independent colleges and training providers. They should have information about real estate training opportunities. Alternatively many real estate companies offer on the job training too.
Is power of attorney part of estate planning?
Whether you create a will or a revocable living trust, it is important to have a durable power of attorney. A durable power of attorney is a document that designates a person who can sign on your behalf and handle your financial matters in the event you are incapacitated.
Is Monroe Real Estate run by Marilyn Monroe's descendants or by other Monroes?
Monroe Real Estate isn't run by Mariln Monroe's descendants. They are an independent company that run popular online real estate services and own applications for smart phones.
