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There is no upper limit. A complex estate can take decades to close out.
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∙ 9y ago
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How long after someone dies can bill collector demand money from an Estate in North Carolina?
As long as the estate is still open. And if the debtor wasn't notified, they may be able to re-open the estate.
How long after someone dies can bill collector demand money from an Estate in Michigan?
As long as the estate as open. Typically the estate will be closed long before they have hit the statute of limitations on debt.
Does the executor fee continue as long as the estate has property?
Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.
How long can you remain executor?
As long as the estate is still open. There is not specific length of time.
how long by law can the estate of my parents who have passed be open.?
It can be open up t a max of six years.
When a man dies how long can someone collect debts from the estate?
As long as the estate has assets and is still open. The estate has to pay off the debts. If the estate doesn't have the assets to do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
How long does an estate need to be open?
There is no upper limit. The shortest time possible is typically 90 to allow people to file claims against the estate.
Who can open an estate?
Anyone with a vested interest in the estate can petition the court to open the estate. That would be anyone named in a will, anyone that is owed money by the estate or any natural heir.
How long after death is estate responsible for medical bills?
Until the estate is closed, it is responsible for debts. One of the primary reasons someone should open an estate is to resolve debts. The estate has to pay off the debts. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
Can you open an estate account without an attorney?
It is possible to open an estate without an attorney. Most of the forms can be obtained online or at the courthouse.
Is the beneficiary of an estate responsible for the deceased debts?
Debts are the responsibility of the estate. No will is necessary to open an estate. Before anything in the estate can be distributed, the debts have to be cleared.
How long can a person with a life estate in a nursing long term keep the life estate?
As long as they are alive.
