Yes, the executor of the estate may do what they can to insure the value of the estate doesn't lose value. But the estate will need to file a tax return for the rental income.
If the Will has been executed in Probate court the Will stands but if there is a note proving your dad owed money to your uncle then he can legitmately claim this as a debt upon your dads estate. See probate help link below for more information. Your father's estate is responsible for paying his debts. If the estate was properly probated and there are debts and no assets then the estate is said to be insolvent. You should speak with a legal professional who can review the situation and confirm that the creditor is out of luck.
Very doubtful. The daughter is entitled to the estate if there is no will.
The estate must be probated in order for title to the property to pass to the beneficiary. As soon as the will is allowed by the probate court title passes to the beneficiary. However, the estate must be probated and a notice published so creditors can file claims within the statutory period in your state. Once the probate proceeding is completed the beneficiary owns the property free and clear of any claims.
Contact the probate court in Champaign County. If the estate has been opened, the will would have been filed and you should be able to get a copy of it. If you are a beneficiary, the estate is required to contact you.
Is your Uncle still living? If so, the wording of his will should specify what happens. If your mother died after your uncle, his gift will typically become part of her estate and be distributed according to her will. Your state's laws may vary slightly. Consult a probate attorney in your state to find out.
A power of attorney is extinguished by the death of the principal. In the absence of a will, estates pass according to the laws of intestacy in your jurisdiction. Your father's estate must be probated in order for the title to the real estate to pass to you legally. Title to real estate can only pass to the heirs through probate court. You should seek the services of an attorney who specializes in probate and commence a probate proceeding to be appointed the Administrator of your father's estate. You can check the laws of intestacy for your state at the link below.
The estate will have to go through probate, which means the court will appoint an executor for the estate and the executor will carry out the wishes of the deceased to the best of his abilities. Abiding state and local laws and taxes
This is a legal term having to do with the validity of a will. Here are some sentences.The will is in probate now.Probate court is in session.The probate judge told her to produce her uncle's will.
I am an estate and probate attorney in California but I need more information to adequately answer your question. Please call me at (714) 754-6610. - Christian Heinrich
"Admission to the estate is by appointment only." "His late uncle's estate was worth several million dollars."
Your uncle's estate would pass to his siblings if he had no living spouse or children or parents and he died intestate (without a will). If he had any siblings who are already deceased, their children would take the share of their parent. If there are no other siblings involved beside your aunt and your parent it seems that you and your aunt would share the estate. However, you should check with an attorney who specializes in probate law. You can see a Chart of Intestate Succession in the UK at the related link.
John Stamos is Uncle Jesse on Full House he still acts and stuff but is mostly known for that