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Is the executor the only one to pay out money to settal the estate?
Wiki User
∙ 10y ago
The executor is the only one that can authorize payments. In most cases they are the only ones with access to the assets.
Wiki User
∙ 10y ago
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Can executor sell your property in Maryland?
An executor can only sell the property in the estate. If it is in the estate, it does not belong to you.
Is surviving spouse responsible for medical bills in NJ?
Only if she is the executor of the estate. The executor is responsible for all estate debts.
How do you spend the money from your husbands estate in the state of pa?
Only the executor can do that. They will have a letter of authorization from the probate court. They will provide a complete accounting to the court for the estate and what was spent.
Can executor and beneficiary be the same?
Yes, that is often the case when a spouse dies. It saves the estate money.
Can you name yourself as an executor of a relative's estate?
You do not have the power to do so. Only the court can appoint an executor.
Can you cash bonds if sister named executor?
Only the executor has the authority to liquidate assets of the estate.
Can a credit card company go after the estate of someone whose only income is social security?
If the estate has any assets, they can certainly apply to get their money back. They can place a claim with the executor. The executor is responsible for clearing any debt before distributing assets.
Does a lawyer have a fiduciary duty to only the executor of estate or all the beneficiaries of said estate?
The attorney has a fiduciary-client relationship with the executor. Note that if a beneficiary believes they have a valid cause of action against the executor for mishandling the estate the beneficiary must retain their own legal representation. The attorney who is handling the estate will represent the executor.
Can a beneficiary sell the estate?
A beneficiary does not have the right to sell the estate. Only the executor can sell property.
Can an estate executor deny your rights if you were included in a will?
Only if the assets of the estate are not sufficient to settle all the debts.
Who's responsible for claims made against the estate?
The executor or administrator, but only to the extent of assets in the estate.
Does an executor have the final say in all that happen?
They are pretty much in charge of the estate. Only the court can over ride the executor.
