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As long as they were sold for fair market value, it should be okay. And very good records need to be kept to show the courts.
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∙ 10y ago
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If items are sold before probate do they have to be returned?
It is not necessary to return items sold before probate. But there must be a full accounting and all monies put to the estate.
Can small items that were promised before death be distributed before probate?
If they are of limited value and there are adequate assets in the estate. The debts have to be resolved before distribution.
Are items not listed in the will probatable in Florida?
All items are a part of the estate. And the will had to go through probate.
Can a beneficiary sell items before probate is granted and before the Will has become public record?
No. First of all, how does the person selling the items even KNOW they are a beneficiary until the will is probated. Secondly, the will may provide for other beneficiaries by bequeathing them the very items that they are selling, or converting to cash. Notify the Probate Court immediately of this person's actions! CAUTION: If the will has, in fact, been probated, and the only thing is, that it has not become "public record" yet, be advised that orders of the court DO become effective IMMEDIATELY upon their being signed by a judge.
Are capital accounts non-monetary items?
no
How do you care for items of deceased family member with no will found?
You apply to the probate court. There is normally a package of documents that have to be filled out and submitted to the court. Consult a probate attorney for specifics.
How can you get RuneScape accounts free?
All you have to do to get accounts is to sign up. It is against Runescape's terms of service to sell / buy accounts and items in real life.
Can a parents personal items and car be auctioned off to pay debt after death?
Yes and no. Items that are in the deceased persons name can be held in probate. If the car has an outstanding lien, it will just be repossessed if it is not paid off, but if there is a will and the car is left to a person, that person will be responsible for the balance of the loan. If the car is paid off, it can and will be held in probate until the deceased persons estate is cleared of debt. If the person is renting a property and not the owner of the property and has outstanding debt, the items of value can be held in probate and auctioned off. If the will leaves the items to others, it will go to them, but if there is no will, everything listed in the dead persons name will become property of the state until probate is lifted and debt is paid off.
What happens if an Ex wife comes on the property and removes items from an estate while in probate?
She can be charged with theft and trespass.
In quickbooks an accounts recievable report summarizes sales by items?
False
Are revenue and expense accounts real accounts?
No real accounts are for business possessions like assets and stock revenue and expense items are recorded in the nominal also named the general ledger. Personal accounts are for debtors and creditors accounts.
My father passed away recently and am an only child with his will leaving everything to me. Must I probate the will?
Yes you must probate and become the administrator over the estates and items he possesed. You will need to contact a lawyer that deals with these situations to help the process.
