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it was you
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What must the potential beneficiaries do if the wish to strike rich?
it was you
What must the most potential beneficiaries do if they wish to strike is rich?
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 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 did Greeks people believe wealthy people must do with their riches?
They must give it to thoughts who aren't as wealthy as the rich
What did greek people believed wealthy people must do with their riches?
They must give it to thoughts who aren't as wealthy as the rich
What did greek people believe wealthy people must do with their riches?
They must give it to thoughts who aren't as wealthy as the rich
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.
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.
