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The money will go into an escrow account for a period of time. The time varies based on state laws, but could be as long as 7 years.
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∙ 10y ago
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What happens if siblings inherit property share and share alike and then later one dies?
Their share becomes a part of their estate.
My father died he only had two children The will states only one inherits who has rights?
the oldest will inherit the money
Who did gillian inherit his money from in the story one thousand dollars?
Gillian inherits his money from his deceased uncle in the story "One Thousand Dollars." The uncle leaves Gillian the sum of $1000 as an inheritance.
How can you find what percent Wisconsin takes from an estate when there is no will?
What gives you the impression that any state takes money if there is no will? As long as there are individuals that can inherit, there is no difference between an estate with and without a will. The same basic court costs and taxes will apply in both cases. If there is no one to inherit the estate, by default it will go to the state, less the payment of debts and expenses.
Can money will to a benefitor be used for estate without the benefitor's approval?
Yes. All debts of the estate must be settled before any money can be distributed. If there are more debts than there are money, no one will inherit anything.
How much money can you inherit without paying taxes in Massachusetts?
For a person dying after 1/1/2003, $1,000,000.00 (one million dollars).
Where can one find a life insurance needs calculator?
One can find a life insurance needs calculator online. Some of the useful websites are Life Happens, Bankrate, Genworth, State Farm, LPL Financial and MSN Money.
If you inherit money after filing bankruptcy can the attorney take it all even if you don't owe them that much ex. you inherit 25000 but owe them 5000 filed one year ago can they take all 25000?
Making no sense. Who is "them"? Attorney took the money?.. it wasn't the Court trustee? If you inherit money within 180 days after the discharge of your bankruptcy, you must notify your attorney who will notify the trustee and they may have claim to some of the inheritance. If the case was discharged a year ago, it is no longer property of the bankruptcy trustee.
Did Shakespeare's children inherit anything from him?
Well one of his children died before him so he didn't inherit anything from him, but his other two children got his house and money but neither of them managed to take up his acting career, mostly because they were both girls.
Where can one find information on money market yields?
One can find information on money market yields by contacting a bank to determine the rates of their money market funds. One can also find the information on financial websites.
Can I really win or inherit money from another country by email?
This is the oldest scam known to mankind. One doesn't "win" or "inherit" money from a total stranger in another country ... the email most likely is also asking you to send them some money "in kind" to help them handle the transaction fees. That money, if you send it, you will never see again - You see, if the scammer gets 500 people to send them money like this ... well, you can see where this is going. Don't do it - delete that email.
Where can one find money saving ideas?
One may find money saving ideas at the sites The Simple Money and This Is Money. Advice is given on coupons, shopping and how to maximize investment income.
