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Once the estate has been opened and a executor appointed: A complete inventory and valuation of the assets must be completed. They can then sell assets to pay bills. They must resolve debts and bills and pay all taxes due. Then they distribute the remainder according to the will or laws of intestacy. A full accounting must be provided to the court.
What else can I help you with?
Can you be an executer for someone if you live in a different state than they do?
Yes. It can be more difficult, because the court visits have to be in the state that is probating the estate, but it is often done.
Can you force someone out of the position of executer on a will?
You yourself cannot force anybody out of the position of executor you would have to have it done through the courts. The best thing to do is to talk to a lawyer
What can be done if the executor puts things on the appraisement form in-order to increase the total estate knowing he can't distribute them?
If it is a part of the estate, it needs to be on the inventory and valued for tax purposes. The executor can sell all the items in the estate if necessary to resolve debts.
What do real estate lead generators do?
Lead generators in real estate are responsible for creating leads to a property they have listed. This is done by placing things that lead to the property listing in places they normally wouldn't such as Craigslist.
What is the effect of gay fathers on children?
Many studies done over the past 20 years show that there is no effect of gay fathers on children, as compared with heterosexual fathers.
What things could King Louis XVI have done to avoid the French Revolution?
He could of had the Third Estate delegates shot in the Tennis Court.
Is the executor of an estate finished once the estate is closed?
Once the taxes are paid and the estate closed they are done. Most of the time the court will issue the order closing the estate.
If Benjamin Franklin was one of the founding fathers to have done what?
He was one of the founding fathers, meaning he was one of the many who founded the united states.
How can you prove your daughter is her fathers child?
By having a DNA test done
Can estate taxes be done with an attorney?
Estate taxes are usually done with a tax attorney. So, yes, estate taxes can be overseen by an attorney who deals with taxes. Calling a tax attorney will better give you an understanding of how the process works.
How long can mineral rights go without being probated in ND They were in a estate in which the lady died in 1989 and never has been probated?
If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.
Can a beneficiary stay at a property without paying rent to other beneficiaries?
They are not responsible to the other beneficiaries, they are responsible to the estate. It is up to the executor to make sure things are done fairly.
