0
If one of the executors of the will dies before the person who made the will and he is also a beneficiary does his share go to his wife?
Wiki User
∙ 14y ago
It depends on how the will was written. There may be a survivorship clause. This would indicate that someone had to survive the deceased by a certain number of days in order to inherit. It was intended to avoid having estate monies going through probate twice in one years.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Do i need executors permission or probate to sell my share of inherited property?
You have to have the rights in the property before you can sell them. Being a named beneficiary does not give you the right to transfer title, though you could quit claim your rights.
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.
What happens when one of a group of beneficiary dies before the property is settled?
Their share goes into their estate.
Does an executor need signatures from his siblings to release his property share?
The person named as the executor of a will does not need the signature of siblings to perform this function UNLESS they too are named as executors in which case the signatures of ALL the executors are required to dispose of the estate.
What type of tax is levied on the beneficiary share of an estate?
The type of tax that is levied on the beneficiary share of an estate is known as inheritance tax. This will be assessed based on the legacies the beneficiary receives.
Does the person who is named beneficiary on a life insurance policy have to share the money if the other two beneficiaries die but have children living?
Possibly yes. That depends on whether a tenancy was also recited. Generally, if the three who were named as beneficiaries were to take as "joint tenants" then the share of any deceased beneficiary would pass to the other beneficiaries. If the document was silent as to a tenancy then generally, the share of a deceased beneficiary would pass to their own heirs.
What type of tax is levied on the beneficiary's share of an estate?
inheritance
What type of tax levied on the beneficiary share of an estate?
inheritance
What happens to the per stripes share of a beneficiary in a trust who never had children but was survived by his wife?
That person's share (who died without issue) would go to his parents first, or to his siblings next, or to his siblings' children.
Can a beneficiary to property remove their name?
A beneficiary does not have to accept an inheritance. Their share or that item will go back to the estate to be distributed in another manor.
In CA If a beneficiary dies after the original truster but before the final sale of the property does his share of the estate go to his surviving spouse or to his children?
You need to review the provisions of the trust to determine where the proceeds will go if a beneficiary is deceased. The provisions of the trust would govern.
If you are the sole beneficiary on the life insurance policy for your mother and she dies do your siblings have a right to a share of what is left?
If you are the sole beneficiary, no, your siblings have no right to the benefits.
