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There is no specified time limit to settle an estate. They can be very complex and take many years to resolve and settle.
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∙ 10y ago
In Colorado, there is no specific time limit set by law to settle an estate. However, the process can vary in duration depending on the complexity of the estate, any disputes that may arise, and other factors. Executors are generally encouraged to complete the probate process in a timely manner.
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Inheritance tax on rights of survivor property?
Inheritance tax on rights of survivorship property refers to the tax implications when one co-owner passes away and the ownership automatically transfers to the surviving co-owner. Depending on the jurisdiction, there may be inheritance tax due on the portion of the property that has transferred to the surviving co-owner. It's essential to consult with a tax professional or attorney to understand the specific rules and exemptions that apply in your situation.
Can you sEll your home without the cosigners consent?
If the co-signer's name is on the deed or mortgage, their consent is typically required to sell the home. However, the specifics can vary based on the legal agreements in place and local laws. It's best to consult with a real estate attorney for guidance in this situation.
Why would someone have to put a house in probate to inherit it?
Putting a house in probate is necessary after the homeowner passes away if there is no living trust or co-owner named. This legal process ensures that the deceased's assets, including the house, are distributed according to their will or state laws. Probate is required to transfer the property title to the rightful heirs or beneficiaries.
Can a co-signer take the property without permission?
No, a co-signer does not have ownership rights to the property unless stated in the agreement. Taking the property without permission would generally be considered a violation of the co-signing arrangement and potentially illegal.
Is an adult child responsible for debt on checking acct of parent if both names are on the acct at time of parent death?
It will depend on the laws of the specific state and how the account was set up. In general, joint account holders are usually considered co-owners of the account and may be responsible for any debts owed. It is advisable to consult with a legal professional for guidance on this matter.
How long after a death does the executor have to settle the estate in CO?
There is no set time frame in Colorado. Complex estates can take many years to sort out and close.
Can a co-executor delay distribution of funds indefinitely?
No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.
What can I do if the executor won't settle my mothers estate in California?
You can go to the judge or a lawyer and ask to be co executor or to require that the estate be settled. Wills and trusts can be broken, you just have to consult the right person.
Co-administrator of estate?
The co-administrator of an estate has as much equal access to the estate as the administrator. If property or the estate needs to be divided, the parties will need to agree.
What are the rights of cosigner of inheriting when the primary dies?
Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.
What is the symbol for Xinyuan Real Estate Co Ltd in the NYSE?
The symbol for Xinyuan Real Estate Co Ltd in the NYSE is: XIN.
Should your insurance co work with the other insurance co to settle your claim or do you have to do that?
You are responsible
In what year did Xinyuan Real Estate Co Ltd - XIN - have its IPO?
Xinyuan Real Estate Co Ltd (XIN)had its IPO in 2007.
Is a co-signers estate responsible for the loan if the primary borrower defaults on payment of a loan?
Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.
Is a co signers estate responsible for the loan if the primary borrower defaults on payment of a loan?
Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.
What rights does a co executor have if the other co executor is delaying settling the estate?
The co-executor's rights are most likely limited to bringing an action to have the other co-executor removed for failing to fulfill the obligation to settle the estate expeditiously or to force the coexutor to perfom some ministerial act required to move the estate forward or be removed. The action may also request that the delaying co-executor pay damages, if any result from inexcusable delay, or interest or even forfeit some or all commissions due to him/her for acting as executrix. One co-executor usually cannot simply assume total control of the estate and move forward, because, in most states, when there are more than one executor, it takes a majority to act, and when there are only two executors, there is no majority.
How can you remove a deceased co owner's name from the title deed in california?
Only the co owner's estate can do that. The estate has rights in the property and will want compensation.
