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Q: What were the estate generals and the out come off there meeting?
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Does the executor's fee come off the top of the estate?

The decedent's debts, the costs of administration and the executor's fee must be paid by the estate prior to the distribution of any assets.


What is correct off-site meeting or offsite meeting?

Both "off-site meeting" and "offsite meeting" are correct. "Off-site meeting" uses a hyphen to connect "off" and "site," while "offsite meeting" combines the two words without a hyphen. Choose the format that aligns with the style guide or preference of the organization or publication you are writing for.


What length of time do creditors have to come in and try to claim assets owed to them that were previously charged off from an estate?

== == In Massachusetts, creditors have 1 year from the date of death to notify the executor or administrator of the estate of the outstanding debt. This has just happened to me in North Carolina: My attorney ran it in the paper for 30 days and that was all. In Kentucky, an estate has to remain open for a minimum of 6 months for the purpose of allowing enough time for creditors to come forward and make claims against the estate for debts. If it has been charged off the estate, they are merely harassing you.


What debts have to be paid off in an estate?

The estate has to pay all of them off. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


Who pays your debts if there is no estate or will?

All the more reason to open an estate. The estate has to pay all of the debts off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


What happens to debts if estate is in debt?

The estate has to pay all of them off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


If father died with estate of Ira's what debt is paid by estate?

The estate has to pay off all of the debts if possible, using the IRAs if they can. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


In the state of minnesota does the estate inherit the debt of the deceased?

That is the purpose of opening an estate. The estate has to pay all of the debts off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


In the state of Texas is a mortgage an estate debt?

Yes it would be part of the estate debt. The estate has to pay all of the debts off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


Is the estate responsible for her debt?

Yes, the estate has responsible for paying off all of the debts if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


What debt is paid by deceased estate?

The estate has to pay off all of the debts of the deceased if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.


What happens to the debt if there is no money in the estate?

The estate has to pay all of the debts off if at all possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.