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What must the most potential beneficiaries do if they wish to strike is rich?
Wiki User
∙ 11y ago
it was you
Wiki User
∙ 11y ago
Anonymous
They must find out who killed San westing
Ur GAY 69
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Powers held by beneficaries of a trust?
The beneficiaries must review the provisions in the trust to determine the extent of their powers, if any.
Does the executor fee continue as long as the estate has property?
Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.Yes. As long as the estate is open the executor has a right to the executor's fee. However, they cannot dally. The estate must be handled with expediency or the beneficiaries should complain the the court.
What was the motto of the Fabian Society?
The motto of the Fabian Society was " For the right moment you must wait, as Fabius did most patiently, when warring against Hannibal, though many censored his delays; but when the time comes you must strike hard, as Fabius did, or your waiting will be in vain and fruitless". This is from Tract 1 of the Fabians.
Can an executor choose not to make a disbursement to an heir if they themselves are an heir and take a disbursement from the estate?
They must follow the distribution plan as provided in the will or by the law of the state. They cannot favor one beneficiary over another unless the beneficiaries agree. An executor is entitled to be compensated for their work, but they must have the approval of the court on the distribution.
Must will be probated to become an executor?
In the United States an executor must be appointed by the court. In Canada an Executor can be assigned through the will by the deceased. The executor must prepare all the documents and perform all the due diligence prior to the estate being granted probate by the courts. The executor is the designated person who handles all the affairs of the deceased and is the liaison person between the beneficiaries and the lawyer.
What must the potential beneficiaries do if the wish to strike rich?
it was you
What must the potential beneficiaries do if they wish to strike the riches?
it was you
Are beneficiaries on a will responsible for decease's debt?
The estate must be probated and the creditors will be given notice. The decedent's debts must be paid by the estate before any property can be distributed to the beneficiaries.
What if beneficiaries of a trust want to remove a beneficiary from a revocable trust?
You need to review the trust document to determine whether the beneficiaries have that power and how it must be exercised.
Can an executor buy property of the estate to pay the beneficiaries?
Yes, the executor has the duty to carry out the instructions of the will regardless of what any potential beneficiaries may want. There may be situations in which the executor must sell certain property in the best interests of the estate. Of course, any questionable actions of an executor can be challenged in court.
Can a person that's senile make a will?
It depends on the individual circumstances. If they still have periods of lucidity and can understand the consequences of creating a will, it may be possible. However, if their mental capacity is significantly impaired, it could raise questions about the validity of the will. It's important to consult with legal professionals to ensure the will is created properly.
Can an executor allow a house to be foreclosed on if there is no money in the estate to pay monthly mortgage?
Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.Yes. If the beneficiaries want to keep the property then they must pay off the mortgage from their own funds. The executor has no other options.
Must a person have contractual capacity to be a beneficiary of a trust?
Answer: Minors may be beneficiaries of a trust.
What is Alabama state law on the power of Executor over the beneficiaries?
The executor has no power over the beneficiaries. The executor is responsible to the probate court for the administration of the estate. They must make a full accounting to the court.
When is it too late to contest the executor?
The time period to object is clearly defined on the face of the notice to heirs at law and beneficiaries. It will give the date of the hearing and you must appear on that date.The time period to object is clearly defined on the face of the notice to heirs at law and beneficiaries. It will give the date of the hearing and you must appear on that date.The time period to object is clearly defined on the face of the notice to heirs at law and beneficiaries. It will give the date of the hearing and you must appear on that date.The time period to object is clearly defined on the face of the notice to heirs at law and beneficiaries. It will give the date of the hearing and you must appear on that date.
Can you contest a will if a grandchild is given a higher beneficiary than a child?
Not on that ground alone. Most states have no restrictions on that sort of thing. A will contest must go to the validity of document, not the treatment of beneficiaries.
Can someone contest a will if they are one of the beneficiaries?
In order to contest a will, one must have an interest in the will. That would be any beneficiary or natural heir. Most contesting is done by a family member that has been excluded from the will.
