Though it is not good idea, the Trustor (parent) can name anyone they want to Administer (Executor) of their Estate. An Administrator is a title usually reserved for a Court appointment, of which this would not be.
The estate is responsible for all debts. Please consult a probate attorney for specifics on how to open an estate.
Generally, a step-child has no inheritance rights unless they were legally adopted by the decedent. You should consult with the attorney who is handling the estate or with an attorney who specializes in probate in your particular jurisdiction if you think you may have any claim.
They contact an attorney who specializes in probate law to settle the estate.They contact an attorney who specializes in probate law to settle the estate.They contact an attorney who specializes in probate law to settle the estate.They contact an attorney who specializes in probate law to settle the estate.
It is certainly possible. Grandchildren can be entitled to a share of their grandparent's estate. Part of it will depend on how the will was written, or the laws for that jurisdiction. Consult a probate attorney for help!
No
No
An Executor settles an estate when the decedent had a will. If there is no will the estate must be settled by an Administrator. Any one of the decedent's children can petition the probate court to be appointed the Administrator of a parent's estate. The property will pass to the heirs at law according to the state laws of intestacy after the debts of the estate have been paid. The Administrator settles the estate under the supervision of the court. You should consult with an attorney who specializes in probate law who can review your situation and explain your options and the costs of probate.
There is an estate! If you haven't opened one, you should. The estate is responsible for the debts. Consult an attorney for the area that you live in for specifics.
No. The parent must seek appointment as representative of the estate through the probate court.No. The parent must seek appointment as representative of the estate through the probate court.No. The parent must seek appointment as representative of the estate through the probate court.No. The parent must seek appointment as representative of the estate through the probate court.
It depends if there was a will or not. Step-children have no rights to the estate of a step-parent unless specifically named in the will. If there was no will, the estate is typically divided between the spouse and the children. Check the laws for your state or jurisdiction.
The debts of the parents are paid by the parent's estate, not their children.
The children share equally in the estate. If there are any children who predeceased the last parent to die and if those children left children of their own, then those grandchildren would inherit the share that their parent would have inherited and he/she not predeceased.