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Through the local Probate Court
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∙ 16y ago
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Who is responsible in paying the bills of a house left to a person in the will when the will is still not settled?
The estate has that responsibility. Until the estate is settled, the house ownership and responsibilities have not been transferred.
Can you get some money before the estate is settled?
nah
Who pays for mortgage until estate is settled?
The executor of the will would be responsible
Can a bank foreclose on a mortgage before the estate is settled?
Yes, if the bank has given notice to the estate representative or the heirs.Yes, if the bank has given notice to the estate representative or the heirs.Yes, if the bank has given notice to the estate representative or the heirs.Yes, if the bank has given notice to the estate representative or the heirs.
Can you get money before an estate is settled?
It is possible to obtain a partial payout. It will depend on the estates assets and the identified debts.
Is an estate administrator paid after the estate is settled or can they collect before it is settled?
They can collect before it is settled
What is the legal time limit for an uncontested estate to be settled in Colorado?
According to the Colorado Bar Association, an estate can be settled in as little as six months.
Why must an estate go through the probate process before it is settled?
An estate must go through the probate process before being settled to ensure that all relevant taxes and fees due are paid. Once this has happened the estate can be settled and distributed as stipulated in a will.
Who is responsible in paying the bills of a house left to a person in the will when the will is still not settled?
The estate has that responsibility. Until the estate is settled, the house ownership and responsibilities have not been transferred.
Can you get some money before the estate is settled?
nah
Can a co-owner on a checking account be liable for using money from an estate not settled?
Yes, the co-owner would be legally liable for using money in the account from an estate that was not settled.
Collecting Funeral expenses?
You can pay funeral expenses out of an estate. You are allowed to be reimbursed for these expenses when the estate is being settled.
What happens is a beneficiary die's but there are other beneificiaries before an estate is settled?
The beneficiary's share goes into their own estate.
Who pays for mortgage until estate is settled?
The executor of the will would be responsible
What happens when one of the beneficiaries of a will dies before an estate is settled?
It will be dependent on how the first will was written, but in most cases, their share of the estate simply becomes a part of their estate.
Who pays for tax liens on a Estate inheritance?
There wouldn't normally be liens on the inheritance...but on the assets in the estate, which can't be distributed and become an inheritance until they are settled by the estate.
Is it allowed for the administrator of the estate not to distribute the proceed of the estate after it has long been settled?
The estate is not settled until the final distribution is made. The heirs shouldn't sign off on the estate until they have received distribution of their shares. If the administrator tries to file a final account prior to distribution, thereby closing the estate, the heirs should object and notify the court that they haven't received there shares in the estate. Nothing should be left "up in the air" once an estate has been "settled". If there are issues remaining now that the estate had been closed you will need to consult with an attorney who can review your situation and explain your options.
