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How do you know if you are the executer of an estate if there was no will?
Wiki User
∙ 14y ago
If there is no will then there is no executor. Some qualified person would need to petition the probate court to be appointed the Administrator of the estate. An Administrator is appointed when there is no will.
Wiki User
∙ 14y ago
If there is no will, the court will appoint an executor to handle the estate. The person appointed as the executor is typically a close family member, such as a spouse or adult child, or in some cases, a professional, like a lawyer or accountant. If you believe you are the closest living relative and should be the executor, you can petition the court to appoint you as such.
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Can an executer cheat the beneficiary of the estate?
Although it is possible for an executor to act inappropriately and potentially cheat a beneficiary, there are legal safeguards in place to prevent such actions. Beneficiaries have the right to hold the executor accountable through legal action if they suspect foul play. It is essential for beneficiaries to stay informed, ask questions, and seek legal counsel if they have concerns about the executor's conduct.
What can a assistant do for a Real Estate Agent within the Real Estate Law?
An assistant can help a real estate agent by organizing and maintaining transaction documents, coordinating communication with clients and other parties involved in transactions, conducting research on properties, and assisting in the preparation of legal documents required for real estate transactions.
What is the New York State estate tax rate?
The New York State estate tax rate ranges from 3.06% to 16%. The actual rate depends on the value of the estate, with higher rates applying to larger estates.
An estate that creates only the right of use and possession is known as a?
Life estate.
When was Ko Yee Estate created?
Ko Yee Estate in Hong Kong was established in 2003.
Who is the executer of the will?
They are the person responsible for executing the will. They open the estate, pay the debts and distribute any remaining assets. They also account to the court and file taxes on the estate.
If named the executer of an estate how do sign over or sell any cars that are apart of the estate?
The executor of the estate will be issued letters of authorization from the court that allow them to sell property, including vehicles and land.
Can you change executer to your will?
can you change executer to my will
Does the executer get paid for handling the estate?
Yes. The amount an executor can charge for their services is set forth in the state probate code.
When was Executer created?
Executer was created in 1985.
Can you be an executer for someone if you live in a different state than they do?
Yes. It can be more difficult, because the court visits have to be in the state that is probating the estate, but it is often done.
Can an executer be a beneficiery?
Yes
What should be placed on the title if your the executer of a estate and your selling the vehicles?
You should call the department of motor vehicles for your state or check their website to see if there are instructions for a court appointed executor to transfer title.
Can an estate executer file a claim for room and board against the estate and if so would that supersede any medical claims?
They would have to convince the court that it is reasonable. If the executor is from a long way away, small amounts might be okay. The dispensation of the estate has to be cleared by the court. Typically the court will place the executor ahead of other debtors.
Can some else be the executer if some else has power of attorney?
A power of attorney represents a living person. The executor represents the estate after death. After their death, the power of attorney is no longer valid. They can be two different people.
What is an executer of will?
It means whoever is deemed the executor of said will and/ or estate has now the responsibility and control over disabled/deceased individuals finances, properties, or just anything stated within the individuals will.
In Florida can the executer of estate sell property without the consent of the beneficiaries?
An executor must be appointed by the court. An executor can sell the property of the decedent, after the debts have been paid, if that power was granted in the will or if the court has issued a license to sell.
