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What do you do with money received to the estate of the deceased and there is no will?
Wiki User
∙ 12y ago
If the decedent had no will then they died intestate and their property must be distributed according to the the state laws of intestacy. An interested party must petition the court to be appointed the administrator of the estate. You can check the laws of intestacy in your state at the related link.
If the decedent had no will then they died intestate and their property must be distributed according to the the state laws of intestacy. An interested party must petition the court to be appointed the administrator of the estate. You can check the laws of intestacy in your state at the related link.
If the decedent had no will then they died intestate and their property must be distributed according to the the state laws of intestacy. An interested party must petition the court to be appointed the administrator of the estate. You can check the laws of intestacy in your state at the related link.
If the decedent had no will then they died intestate and their property must be distributed according to the the state laws of intestacy. An interested party must petition the court to be appointed the administrator of the estate. You can check the laws of intestacy in your state at the related link.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoIf the decedent had no will then they died intestate and their property must be distributed according to the the state laws of intestacy. An interested party must petition the court to be appointed the administrator of the estate. You can check the laws of intestacy in your state at the related link.
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What did the duke and king received from the deceased mans estate?
they received most of the estate holdings plus three thousand dollars
How does a beneficiary know if he has to add this money to an estate?
The only reason a beneficiary would add money to an estate would be if they owed money to the estate at the death of the deceased.
Do you have to pay taxes on estate money received?
Yes, you will have to pay taxes on any estate money received.
Do you pay the estate of deceased if you borrowed money?
Yes.Yes.Yes.Yes.
Is money received as a beneficiary from an estate taxable?
Money received as a beneficiary from an estate is not considered taxable. Money that is left on behalf of an estate is an inheritance and is considered to be tax free.
What did the duke and king receive from the deceased mans estate?
they received most of the estate holdings plus three thousand dollars
Can someone claim his money given to the deceased person from their heirs?
Sort of. A creditor can sue the deceased's estate for repayment.
What happens to the winnings of a deceased Massachusetts lottery winner?
In some states the money will go the estate of the deceased winner.
If you received money from a sibling after he refinanced his home to pay off the share of an estate entitled to you are taxes owed on this money?
It sounds like what you received was your portion of an inheritance. If that is the situation, based on the facts given, there is no reportable tax occurrence. For inheritances, if what is inherited would have been taxable to the deceased, an IRA for example, then it's taxable to the heirs. Ans Money is fungible...that is indeterminable from each other. How your brother got the money to pay you is irrelevant. He didn't pay you....the estate did. The payment from the estate is not taxable to you...estate taxes are paid by the estate.
Are you responsible for your deceased husbands debt?
The debts of the deceased are the responsibility of the estate. The estate will resolve the debts before you get any money. Consult a probate attorney in your jurisdiction for help.
Is the daughter of deceased father liable for his debt in Texas?
The estate of the deceased is liable. If you inherit any money, property or valuables these should have been used to settle the estate. If there was no estate then you will need to show this to the IRS.
In huckleberry Finn story What did the girls receive from the deceased man's estate?
The girls received a small engraved silver fork and a pair of shiny new fish hooks from the deceased man's estate. They also received a bible and a testament.
