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What if a deed names a trust and another individual how is the property administered at trustor's death?
Wiki User
∙ 10y ago
According to the provisions in the trust document. You must review it.
According to the provisions in the trust document. You must review it.
According to the provisions in the trust document. You must review it.
According to the provisions in the trust document. You must review it.
Wiki User
∙ 10y ago
Wiki User
∙ 10y agoAccording to the provisions in the trust document. You must review it.
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What is a fiduciary account?
fiduciary account -- a savings account, the funds of which are owned by one individual but administered for that individual's benefit by another individual, such as a legally appointed conservator, trustee, or agent.
Chattel slavery is the theme used to describe when a slave is treated as?
property or commodity that can be bought, sold, and owned by another individual.
What is liability coverage?
LIABILITY COVERAGE Refers to coverage for liability that an individual has if he or she should negligently injure another person or another person's property.
Nation administered by another nation?
mandate
May an individual gift their partial ownership (undivided interest) to another individual and retain a life estate when they do not own the entire property (other owners have an undivided interest)?
Typically yes
What do you call territory administered by another country in war and revolution?
mandate
What is a 7 letter word for territory administered by another country?
Mandate
General Receipt?
Get StartedA receipt is a written acknowledgment that something of value (money or property) has been received by another individual. The General Receipt is not effective to transfer legal ownership of the money or property. It merely provides evidence that the recipient has obtained possession of the money or property.
When the administration is closed can the administrator sell property?
No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.No. In fact, an administrator must apply for a license to sell the property. An administrator doesn't have any authority to sell property without a court order. Once the estate has been closed the heirs at law own the property. The deed must come from those heirs.If property is discovered after the estate is closed and the heirs wish to sell it through the estate the administrator (or another qualified person) must petition to be appointed the administrator de bonis non (of property yet to be administered) and then must apply for a license to sell the real estate.
if a person passes and doesn't own any property, do you still have to go to probate court. also, if they owned property and signed it over to a relative, is there a time frame before you die this this should take place?
If there are any assets and debts, the estate will be probated. The assets do not have to include real property. If the individual deeded the property to another prior to his passing, the property belongs to the deed hold.
What is another word for a property losing its value?
property devaluation
What is Lunelle?
Lunelle is another injectable contraceptive that is administered monthly (every 28 to 30 days);
