Yes. The administrator has the responsibility of settling the estate under the supervision of the court and the authority to make all the decisions regarding the disposition of the property under the provisions of the state probate laws and laws of intestacy.
The administrator will need a license to sell the real estate. A hearing will be scheduled and those who object can express their objections to the court and the court will render a decision. Usually, the license is granted unless the heirs who want to retain the real estate agree to purchase the interest of the ones who want to sell. In that case, the court may order an appraisal to determine its value.
The heirs could also decide the matter amongst themselves and negotiate a fair price if any want to sell their interest to the others. This situation needs the guidance of the attorney who is handling the estate. If there is no attorney then one should be consulted.
Not nearly enough information is given. If the "estate" being referred to is the 'estate' of a deceased parent(s) the siblings have only as much authority over the estate as the will of the deceased allows them. They each inherit individually what the will gives them, and if they inherit anything jointly, they cannot do anything with their joint-inheritance without BOTH being in agreement. It sounds like the questioner needs the advice of an attorney.
If your parents' will specified that the estate is to be divided equally among all siblings, then your sister is not entitled to take more than her share without the agreement of the other siblings. If she has taken personal belongings without consent, you may need to consult with a lawyer to address the situation legally.
No, an executor of an estate is legally bound to act in the best interests of the estate and its beneficiaries. Taking items from the home without consent from other siblings would likely be considered a breach of fiduciary duty and could lead to legal consequences. It is important for all decisions regarding the estate to be made transparently and with the agreement of all beneficiaries.
A letter of administration allows the executor to represent the estate. It gives them permission to sell property, open safety deposit boxes and mail on behalf of the estate. Without them, there are lots of legal problems.
Never. And if he/she does, call the state board of real estate and file a complaint.
Legally, they cannot live in the house without the consent of the executor of the estate.
The residuary estate is usually addressed in the residuary clause in the will. If the residuary estate is not addressed in the will then the residuary passes to the next-of-kin as intestate property according to the laws of intestacy. Distribution of an estate is governed by statute and not by any verbal agreements. A beneficiary can waive their rights to distribution but it must be done in writing and filed with the estate.
The nurse will administer the sedative.I need to administer all of this paperwork by Friday.The vet decided to administer a painkiller to the kitten.
That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.That is unlikely. Generally, any agreement for the sale of real estate must be in writing and signed by the parties.
The exact distribution depends on the state you are in but when a person dies without a will and direct decendents the estate still goes through probate. Generally probate distributes the estate (after taxes) to the wife and children, the parents (of the deceased), the siblings, the nephew and nieces and then to more remote relatives such as cousins, etc. If there is no relatives to distribute to and no will then the estate goes to the state.
The homeÃ?s legal ownership will dictate the siblings right to reside in the house. Most states' laws say that without a will the estate's total value is divided equal between siblings.
NO.