0
When money is awarded to the decedent through a litigation that was begun before the testator's death who inherits this settlement?
Wiki User
∙ 9y ago
The settlement would pass to that person specified as the beneficiary of the settlement in the Will by the testator. If the settlement was not specifically mentioned it would pass to the heirs under the residuary clause of the Will. The residuary clause devises any property that was not specifically devised in the Will. If there is no residuary clause in the Will then that settlement would pass according to the laws of intestacy in the jurisdiction.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Is paternal granddaughter an heir to intestate grandfather's estate?
If there is no will, it depends on the intestacy laws in your jurisdiction and which heirs at law are currently alive. Generally a grandchild only inherits if their parent who is the child of the decedent is deceased. You can check the laws of intestacy in your jurisdiction at the related question link.
How can you claim a surviving child get property inheritance if there was no will?
The intestacy laws of the appropriate jurisdiction will specify who inherits property.
What does Az law state when one spouse dies without a will?
What happens if you die without a Will? How will your property in Massachusetts pass to your loved ones? It is often said that if you don't have an estate plan, the State has one for you. Here it is:1) If a person dies with a spouse, and with kindred (relatives) surviving them, (but no children), the spouse is entitled to the first $200,000 and half of the remaining real and personal property. If the personal property is not sufficient to provide the surviving spouse with $200,000, real estate owned by the deceased can be sold or mortgaged to provide for the surviving spouse.If the deceased leaves issue (children, and children, grandchildren, etc. of deceased children), the surviving spouse shall take one half of all real and personal property.If the deceased leaves no issue or kindred, the surviving spouse inherits all of the real and personal property.2) After the surviving spouse's share is distributed, or if there is no surviving spouse, the remaining property is distributed in equal shares to the decedent's issue, by right of representation. If all issue are of the same degree of kindred (i.e., all are grandchildren, or all are greatgrandchildren) they shall share equally.If the decedent leaves no issue, than to his or her mother and father, or the survivor of them.If the decedent leaves no issue and no parents, than the property goes to his or her brothers and sisters, of the issue of any deceased brothers and sisters.If the decedent dies with no issue, parents or siblings then the property is distributed to then to his next of kin in equal degree; but if there are two or more collateral kindred in equal degree claiming through different ancestors, those claiming through the nearest ancestor shall be preferred to those claiming through an ancestor more remote.3) If someone dies with no spouse or kindred, their property shall escheat to the Commonweatlh.Those without a Will may think that their spouse will inherit all of their property upon their death, but as you can see, it is possible that a spouse would only inherit half of the property held in the decedent's name alone, while also providing for distributions to rather distant relatives. Is this how you would want your Will to read?
Where can I search to learn about revocable trust?
Revocable trust is the process where you send your assets to someone you trust in order to have tax breaks when someone inherits an estate. ehow.com has some good briefings on the subject.
Does the wife still get money and property if she is only separated and her spouse expires?
Yes. If the parties are legally married, the wife still inherits according to the will or intestacy laws if the husband dies. Only a legal divorce would remove her status as wife.
What is a person that inherits property?
The decedent.
A US citizen marries an Australian then divorces years later. can she claim a settlement if he inherits money in Australia and moves back Australia.?
No. She inherited it after the divorce and not even in the same country. Not likely to get much in the way of a settlement.
If one inherits land from their grandfather then they pass away does that land go to her spouse or children?
It depends on factors such as the individual's will, state laws, and whether the land was held jointly. If there is no will specifying how the land should be distributed, it will likely pass to the individual's spouse or children according to the laws of intestacy in the relevant jurisdiction.
Is paternal granddaughter an heir to intestate grandfather's estate?
If there is no will, it depends on the intestacy laws in your jurisdiction and which heirs at law are currently alive. Generally a grandchild only inherits if their parent who is the child of the decedent is deceased. You can check the laws of intestacy in your jurisdiction at the related question link.
If a person inherits a car that has a lien against it for an auto loan is that person responible for repaying the outstanding amount or can the lien holder only go after the deceased's estate?
If you wish to keep the car then you will need to pay the lien on it. The lien takes priority over your inheritance. If the decedent purchased a car and had to finance it then the lender owns the car until the loan is paid. Therefore the car was not owned by the decedent and could not have been gifted to you in the will.
How do you use a sentence with inherits in it?
Verb John inherits the house when his Father dies
A lioncub inherits what fraction of its genes from its mother?
It inherits about 50 of its mothers genes.
From which class Password inherits from which classes in java?
Password inherits from which one of the following classes?
Does Derive class inherits?
The derived class inherits all members and member functions of a base class.
What does the word heir mean?
According to Black's Law Dictionary an heir is a person who is entitled to inherit under the laws of intestacy. However, heir is also generally used to describe any person who inherits either by will or intestate succession.
Who is one who inherits?
heir or beneficiary
What are the release dates for Shorty Inherits a Harem - 1915?
Shorty Inherits a Harem - 1915 was released on: USA: 11 August 1915
