There is no specific time limit. A really complex and large estate can take decades to resolve.
In New York, an Executor typically has up to six months to settle an estate. However, this timeframe can vary depending on the complexity of the estate and any unforeseen circumstances. It's generally advisable to consult with an attorney experienced in probate matters to ensure compliance with all legal requirements and to navigate the process efficiently.
Yes, they can sue the executor. They breached their duty if they did not resolve the taxes before closing the estate.
As long as the court agrees, yes they can. The beneficiaries cannot prevent the estate from being settled.
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.
As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.As long as the executor has been duly appointed by the probate court they can charge the expenses associated with the handling of the estate to the estate and get reimbursed from any estate assets.
There is no reason you cannot become executor of an estate as long as the court agrees. As long as you are 18 or older, you can serve in that capacity.
They have to wait until the debts are settled. That may be as short as about 4 months. It can take years on a really complex estate.
As long as the estate is still open. There is not specific length of time.
In Illinois, there is no strict deadline for the executor to settle the estate after a death. However, it is generally expected that the executor will complete the process within a year of being appointed. Delays could occur due to the complexity of the estate or legal challenges.
It depends on the complexity of the estate. It may also depend on the wording of the will.
The court will appoint a new executor to handle the estate. A bank or lawyer is often chosen to do this.
As long as it takes. Not trying to be flippant, but each estate is different and there is no legal limit. The executor has to make regular reports to the court to demonstrate movement.
Estates do not have time frames. A complex estate can take decades to resolve and settle.