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What is the deadline for filing estate inventory to probate in Minnesota?
Wiki User
∙ 12y ago
The short--and slightly incomplete--answer is six months from your appointment as personal representative (or, if longer, nine months from the date of death of decedent).
Minnesota Statutes § 524.3-706 states:
"Within six months after appointment, or nine months after the death of the decedent, whichever is later, a personal representative, who is not a special administrator or a successor to another representative who has previously discharged this duty, shall prepare and file or mail an inventory of property owned by the decedent at the time of death, listing it with reasonable detail, and indicating as to each listed item, its fair market value as of the date of the decedent's death, and the type and amount of any encumbrance that may exist with reference to any item."
The statute is clear about who you have to mail or otherwise "serve" with the Inventory. The statute is not completely clear about the need to file the Inventory. Some counties do actually require filing; some leave counties leave it up to you to decide (as long as you comply with all other requirements). I would typically suggest that a person err on the side of filing.
Wiki User
∙ 12y ago
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Can a beneficiary ask what an estate is worth?
Yes. The beneficiary can also visit the probate court and request to see the probate file. The inventory of the estate can then be reviewed once it has been filed with the probate court.Yes. The beneficiary can also visit the probate court and request to see the probate file. The inventory of the estate can then be reviewed once it has been filed with the probate court.Yes. The beneficiary can also visit the probate court and request to see the probate file. The inventory of the estate can then be reviewed once it has been filed with the probate court.Yes. The beneficiary can also visit the probate court and request to see the probate file. The inventory of the estate can then be reviewed once it has been filed with the probate court.
What does a probate lawyer do first when handling an estate?
A probate lawyer typically starts by reviewing the deceased person's will, if there is one, to determine who the beneficiaries are and what assets are involved. They also identify and notify potential heirs, gather documentation of the deceased person's assets and debts, and submit the will for probate if necessary.
When a will does not provide for a minor in Minnesota probate?
The best thing is to consult a probate attorney in Minnesota. Depending on the laws, there may be the opportunity to claim a portion of the estate.
What is a schedule of assets for probate?
It is a listing of all items in the estate. One of the primary duties of the executor is to inventory the estate. They also have to have the estate valued.
What powrs do the executor of estate have after the estate goes into probate?
Once they have the letter of authority, they have full control of the estate. They are responsible to the court for the inventory and dispersion of assets.
What laws address theft of all estate property in the estate home prior to inventory for probate?
Criminal laws of theft, civil laws of conversion. In any case, any property taken from the estate home prior to inventory must be accounted for before the estate can be settled.
Is there a deadline in Pa to probate a will?
There is no specific time frame in Pennsylvania. The estate has to be inventoried and appraised, the debts collected, taxes paid and the terms of the will meet.
Can executor who has grant of probate distribute the estate between other executors and beneficiaries?
That is the job of the executor. They have to inventory the estate, value the property, resolve debts and then distribute the remainder.
Can one be an executor of probate but not the estate?
There is no executor of probate. The executor of the estate executes the will and probates the estate.
What are the duties of the executor of a will in Florida?
Preserve, inventory and value the estate is the first priority. Then execute the will or the intestacy laws with a full reporting to the probate court.
How do heirs know what bank accounts stocks or the amount of life insurance a deceased parent had if they are not the executor?
The executor must file an inventory of the estate with the probate court. The heirs can visit the court, request the file and review all the filings. The inventory should list all the property, both real and personal, that was owned by the decedent at the time of death.The executor must file an inventory of the estate with the probate court. The heirs can visit the court, request the file and review all the filings. The inventory should list all the property, both real and personal, that was owned by the decedent at the time of death.The executor must file an inventory of the estate with the probate court. The heirs can visit the court, request the file and review all the filings. The inventory should list all the property, both real and personal, that was owned by the decedent at the time of death.The executor must file an inventory of the estate with the probate court. The heirs can visit the court, request the file and review all the filings. The inventory should list all the property, both real and personal, that was owned by the decedent at the time of death.
How do you probate an estate without a will in Colorado?
You fill out the normal probate forms. The estate will follow the Colorado law of probate for intestacy laws.
