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How long does an executor of a trust have to disburse the money to an heir?
Wiki User
∙ 15y ago
An executor is the term used for the person who has been appointed by a court to settle an estate. The person who can act for a trust is called the trustee. You should review the terms of the trust for provisions as to when the trust property must be distributed. If you think the trustee is not distributing the funds in a timely manner you should file a complaint with the court where the estate or trust was filed.
Wiki User
∙ 15y ago
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If you are the executor and heir to an estate with no will can you take a loan against the said estate property?
If you are the executor and heir to an estate with no will, you can you take a loan against the said estate property, but not right away. Lenders typically will not give you a loan on a piece of property until it is in your name.
Grandmother left you money in her will and your father is executor but will not give money so how can you get a copy of the will?
Go to the court house and request one. You have a right as a natural heir of your grandmother. They may charge you copying costs. Of course, this supposes that you are 18 or older.
If an heir of an estate dies who is entitled to that portion of the money?
If an heir of an estate dies who entitled to that portion of the money?
Can an heir receive an advance of money if the party from whom they are to receive the inheritance is still alive?
No. The "heir" has no right to that money whatsoever.
Can the Heir to the estate touch esbestos money left to other members of family?
No, an heir only gets access to their share of the estate. They cannot steal money from the others.
Can an executor take back money that is not wanted by an heir?
An heir may decline to accept an inheritance. The executor then has to distribute the assets per the will.
Can an executor remove an heir in Pennsylvania?
No. An executor has no authority until they have been appointed by the probate court. An executor cannot "remove" an heir. They must follow the provisions in the will.No. An executor has no authority until they have been appointed by the probate court. An executor cannot "remove" an heir. They must follow the provisions in the will.No. An executor has no authority until they have been appointed by the probate court. An executor cannot "remove" an heir. They must follow the provisions in the will.No. An executor has no authority until they have been appointed by the probate court. An executor cannot "remove" an heir. They must follow the provisions in the will.
Can an executor be appointed after one's death by an heir?
The heir's cannot appoint an executor. They can recommend one to the court, but the court decides.
Can one heir put another heir out of their home?
No, one heir cannot legally evict another heir from their shared inheritance without following proper legal procedures. Each heir has rights to the inheritance and must be treated fairly and within the confines of the law. If there is a dispute, it is advisable for the parties to seek legal advice to resolve the issue.
Can executor ban heir from living at estate?
If you evict him properly after consulting with landlord/tenant eviction attorney. Are you going to then sell the property and split money with the heir?
How do you get a deceased family members stocks?
To accomplish this you must have a copy of the will or trust. Whoever is an heir may file a claim with the company holding the stock with the proof of the will or trust. One must note that it is the job of the Executor and or Trustee to do this. If you are not an heir then you have no entitlement to said stock.
Can an executor be beneficiary of a will in CT How can an executor be removed by an heir?
Yes, the executor can be a beneficiary. The court may remove an executor at the request of the beneficiaries.
When your mother dies can your brother sue you and your sister for money owed to her before her death?
Yes, if your brother is an heir or the executor of her estate.
Can an executor of a will also be named an heir in the will?
Yes, it is possible for an executor of a will to also be named as an heir in the will. However, it is important for the executor to fulfill their duties impartially and in the best interest of the estate and other beneficiaries to avoid any conflicts of interest.
Can you leave anything to the executor of your will?
Yes, in many cases the executor is a family member and heir.
As executor of an estate do you have the right not to give money to an heir if you feel she was using the deceased just to become an heir?
An executor must follow the provisions in the will and for any property not distributed by the will must distribute it as intestate property according to the laws of intestacy. An executor does not have discretionary power of distribution unless that power was specifically granted in the will. An executor is personally liable for any acts that go against the will or violate the law.
Can an heir who is the trustee of his sister's special needs trust sue her trust to get money for another sibling who was written out of the will?
It would depend on the terms of the trust and the laws of the specific jurisdiction. Generally, the trustee has a legal duty to follow the terms of the trust and act in the best interest of the beneficiary. It may be challenging for the trustee to sue the trust to distribute funds to a sibling who was not named as a beneficiary.
