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If there is a will leaving all monies to the adult children can a new wife get a part of the estate in Florida?
Wiki User
∙ 14y ago
As the surviving spouse you do have a right to a share of the estate. The surviving spouse of a person who dies domiciled in Florida has the right to a share of the probate estate of the decedent as provided by state law. That share is called the elective share and can be claimed by right of election. You can read about all the rights thereunder at the link provided below.
Wiki User
∙ 14y ago
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When a parent dies in Oregon are the children responsible for the debt still owed by the deceased parentcredit cards taxes mortgages etc?
No. The Will goes into Probate and all monies and properties, etc., are called the Estate. All creditors are paid off and what is left in the Estate is called "residue" which will go to the Heirs.
What is a realestate short sale?
A real estate short sale is where property is sold less than market value in an effort to recover monies owed from the borrower's mortgage.
Is monies the plural of money?
Yes, monies is the plural of money.
What is the responsibility of the estate executor of a deceased co-signer on a mortgage?
Usually all monies of the deceased are frozen for a period of time, then Probate takes place. This means that all monies owing (bills, loans, etc.) are first taken off the Estate. In the case of co-signing the banks should be able to give you more information. Either the person that the deceased co-signed for continues to pay the Estate money owing, or if they have stopped paying on the loan then the loan is a debt and will be taken out of the deceased Estate. No one should ever co-sign (not even to a relative or close family) because the co-signer has total responsibility for paying that loan off. Good luck Marcy
How are monies due to you listed in your last will and testament?
Any debts owed to you are listed as personal property in the estate inventory. As long as they are evidenced in writing they will become part of your estate. Your executor will have the authority and responsibility to demand payment. Any proceeds collected will be distributed according to the provisions of the will or the state laws of intestacy if they were not addressed in the will.
Who is responsible for deceased brothers debts?
When someone dies leaving debts they must be paid first out of the deceased estate and any monies owed to him collected before the remainder of the estate is divided between the heirs and beneficiaries. If there is not enough money in the estate to settle the debts then they "die" with the person.
Your sister brother and you were co-owners on 2 annuities your mother had prior to her death The monies were to split among us children Do these annuities have to go into her estate?
No
Revenue on real estate sales is recognised when?
Revenue on real estate sales is recognized on the day you receive the monies for it.
Do I have rights to my step Dads estate with a will that states children shall inherit?
Generally in a Will the person leaving that Will specifies what children will be left monies, property or contents of the house. If it does say 'children' then yes, it will include you. If there should be any problem with this and you aren't involved in the Will according to any other siblings say in the matter you can contest the Will. It generally won't come to that because 95% of people are greedy and don't want a long drawn out legal battle on their hands and are willing to settle out of court.
Can a executor withhold monies from an estate for 6 years?
They would not be withholding money from the estate. They hold the money on behalf of the estate. They do not have to distribute the remainder until all debts and liabilities are resolved.
When a parent dies in Oregon are the children responsible for the debt still owed by the deceased parentcredit cards taxes mortgages etc?
No. The Will goes into Probate and all monies and properties, etc., are called the Estate. All creditors are paid off and what is left in the Estate is called "residue" which will go to the Heirs.
If a person passes before receiving monies from a settlement due to cancer from asbestos and then received by survivors is it included in person estate?
It would become part of the estate.
How do you get a refund from inherited monies that the company sent to the IRS?
I received an inheritance from my father's estate, and the company withheld 20% in taxes to the Federal Government. How do I enter this on my return in order to get those monies refunded?
What can you do if a bill from your deceased husband has been sent to collections with your name on it and there is no estate?
Unless you are on the bill the company is not entitled to payment from you. The estate of your husband should handle this. If there are no monies in the estate you dont pay them for something you didnt take on.
Who do you contact about some monies owed to your deceased father and mother-you are administrator or their estate This is your second request.?
Yes,I am administrator of their estate and it has come to my attention that they have some unclaimed money from your company.
How do you get out of a relationship that you have to spend monies on your boyfriend?
Tell your boyfriend that he is too expensive for you, and you are leaving him so that you can find a more affordable boyfriend.
If a deceased person's car is wrecked and it does not have insurance is the executor of the estate liable if permission was not given to drive it?
The Estate would be responsible for any damages caused by the accident. The Estate would have to sue the driver who took the car to get back any monies paid.
