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Is there a difference between estate being willed to you or inheritance?
Wiki User
∙ 15y ago
No. Property that you receive by a will IS an inheritance. Property received from a relative under the laws of intestacy when there was no will is also an inheritance.
Wiki User
∙ 15y ago
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What is transitive economic development?
Transitive d/ment has to be willed by someone to reach it target.
What does the elephant and donkey mean?
The elephant and donkey are symbols of the Republican and Democratic political parties, respectively. The Democratic donkey was first used as a negative comparison against the party, but Democrats used the animal as a strong-willed creature. The Republican elephant is the product of a political cartoon from the 1800s.
What does legado mean is spanish?
willed as in inheritance
Can a personal loan between sister be willed to someone else?
A personal loan is an asset to the estate. As such it can be willed to someone else if there is proper documentation of the loan.
A home was willed and left to you and 2 other beneficiaries and needs to be appraised to determine inheritance taxes who by NJ law is required to perform this appraisal?
The executor of the estate assumes all responsibilities associated with the estate. Of course, the payment for the appraisal will come out of estate assets.
If two people lived together and never married and there was an estate willed to one that has since died does the serviving mate have a right to the estate or say so?
No. The surviving partner has no right of inheritance unless the decedent left a will making the survivor the beneficiary.
What if a house is willed to 2 people and not included in the estate do both have the same rights?
In order for something to be willed to someone, it has to be in the estate. Both individuals will have equal rights to the property as tenants in common.
Can a judgment in California be used against willed property?
Only insofar as the judgment can be levied against the estate of the deceased. Since it can be assumed that the willed property was part of the estate's assets then it can be liened if there are insufficient other funds in the estate's assets to satisfy the judgment.
How can you avoid inheritance taxes on land that is willed to you?
I assume you are talking about what can you do after the person who left you the land has died. You can disclaim the inheritance. To effectively disclaim the inheritance you must carefully adhere to a number of rules, such as you did not get any personal benefit from the disclaimed property and you complied with time limits. You really should ask for professional help. Of course, there are a number of things you can do if you can get the person who is leaving you the land to restructure his estate plan before he dies...
What if the owner of a vehicle is now deceased?
That vehicle will go to whoever that person willed it to. If no one was willed for it then it will go to the next of kin or whoever is taking over the estate.
Do you have to pay inherit taxes on money willed to you in NC?
If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.
Can the estate pay for structural termite damage to the home the deceased owned and is willed to you?
There is no requirement that the estate do so. It could be done depending on the will and the number of debts involved.
Can my sister decide what my inheritance is to be used for She took $29,000, willed to me by name and is spending it on my rent & not allowing me access is this legal?
if u are small then it is legal
Can a non married person have rights to or be expected to receive any rewards of an estate that was willed to the deceased live in mate?
No.
