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Who is responsible for expenses while a home is in probate?
The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.
Is pa a probate state?
Every state is a probate state. That makes sure all the debtors are satisfied and that the will is executed properly. It also makes sure the appropriate taxes are paid.
Can an heir refuse to probate a will with oil and gas mineral interest at stake?
An heir has no right to refuse. Debtors can apply to the probate court for someone to become executor and protect their rights and debts.
In Texas if beneficiary is named in will do you probate will?
In Texas the will should go through probate. That makes sure all the debtors are satisfied and that the will is executed properly. It also makes sure the appropriate taxes are paid.
Do all will need to go to probate?
All wills should go through probate. That makes sure all the debtors are satisfied and that the will is executed properly. It also makes sure the appropriate taxes are paid.
In Illinois what makes a will go to probate?
The fact that the will exists. All wills need to go through probate to allow proper distribution, evaluation and paying of taxes.
If an estate is worth 150000 does that go through probate?
Every estate should go through probate. That makes sure all the debtors are satisfied and that the will is executed properly. It also makes sure the appropriate taxes are paid.
When a person dies in VA who starts probate proceedings?
Anyone with an interest in the estate, heirs and those that are debtors of the estate can apply to open an estate.
Why is inheritance put in probate?
This makes sure that the real property titles are properly transferred and that the taxes are paid. It also allows the debtors to get paid.
What is sundry debtor and sundry creditor?
If we provide some services to the vendors they are paying for our services therefore the person who are paying us becomes our sundry debtors.
Can creditors go after a paid-off car in probate if the house is being foreclosed on?
Debtors can go after the assets of the estate. These assets will have to be liquidated to settle the debts.
If a will is signed and notarized and everything is left to family members does it have to go to probate court?
Every will should go through probate. That makes sure all the debtors are satisfied and that the will is executed properly. It also makes sure the appropriate taxes are paid.
