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Q: Who gave the heirs their titles why were they the Same as the signatures on the original receipts?
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Does the administrator of an estate have to pay the heirs their money all at once or can he pay the heirs annually?

The administrator must close out the estate and distribute the remaining assets to the beneficiaries. If there are testamentary reasons to delay the distribution, such as valuation issues, waiting on liquidation of assets, finding heirs or resolving liabilities, distributions can be made prior to the ending of the estate. But their must be a reason to delay closing the estate.


Which tax did lawmakers agree was too tough on farmers and small business persons who want their heirs to continue their work?

They agreed that estate taxes were to tough if farmers and small business persons wanted their heirs to continue their work.


What happens when inherited property is sold for taxes?

If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.If the heirs want to keep the property they must pay off all the delinquent taxes, interest and costs. If not, the town will take possession of the property and sell it to a new owner.


Who pays real estate taxes and other related expenses on estate property before distribution is made to the heirs?

The debts of the decedent must be paid by the estate before distribution can be made. If there isn't enough cash the property must be sold to satisfy creditors. To save the real estate heirs often get together and pay any outstanding debts in order to inherit clear title to the RE. YOu should discuss it with the attorney who is handling the estate.


Why was inheritance tax abolished?

it was hard to collect the tax, so the state followed the feds by repealing the inheritance tax laws and inacting an estate tax. basically the tax was paid by the estate before it was distributed to the heirs

Related questions

Who gave the heirs there titles was it the same as the original receipts in the westing game?

In "The Westing Game," the original will gave the heirs their titles, which were in the form of different clues and tasks to solve the mystery. The heirs had to work together to uncover the truth behind Samuel W. Westing's death and claim their inheritance.


The Westing heirs are asked two times in the story to give their signatures and titles on a receipt. Compare the original titles of the heirs in Chapter 7 to the titles they give later in Chapter 23.?

In Chapter 7, the original titles of the heirs are more formal and distant, using last names and formal titles such as "Doctor" or "Judge." In Chapter 23, the titles the heirs give are more personal and casual, reflecting their growing sense of unity and connection as they reveal their shared bond and true identities to each other.


Who gave the heirs their titles?

Titles are typically established by a monarch or governing body and passed down through generations within a noble or aristocratic family. The titles are often granted as a form of recognition or honor for service or loyalty to the ruling authority.


Who gave the heirs their titles in the westing game?

Sam Westing gave each heir a title as a character in his elaborate game to determine who would inherit his fortune.


You purchased a home from a relative he did not notify the county that the mortgage was satisfied he has since died and has no heirs except your husband who is his nephew?

was the mortgage paid with checks or cash? look at bank statements, receipts, contact mortgage company for verification on such status.


What part of speech is heirs?

"Heirs" is a noun.


Who gets original death certificate?

Legal heirs like son, daughter or wife.The "original" certificate is the entry in the register. The person registering the death can obtain certified copieswhich are accepted for all legal requirements.


If a house is in probate what happens if one of the heirs dies?

The gift to the beneficiary will become part of the beneficiary's estate. Generally, the interest of the deceased heir will pass to their own heirs according to the provisions in their will or to their heirs-at-law under the state laws of intestacy. Also, their estate will need to be probated. The attorney who is handling the original estate can explain what needs to be done in order to clear the title to the property.


What impact are Reverse Mortgages on surviving heirs?

The heirs will have 6 months to refinance the home or sell it to claim the equity once the borrowers pass away. if there is no equity in the home or there is negative equity the heirs may give the home to the lender without any recourse. HECM reverse mortgages have no personal recourse to the borrowers or the heirs, so the home can be sold at any time, and if negative equity occurs the lender takes the loss alone. The heirs can even keep any loan proceeds left to them from the original reverse mortgage as all of the borrowers personal assets, bank accounts, etc. can still be left to the heirs without any hindrance from the lender.


When was The Heirs of Columbus created?

The Heirs of Columbus was created in 1991.


Is it true that WInstone is the Heir of Slytherin?

It is true that in many stories that are fan fiction, Winston is one of the Heirs of Slytherin. This was not described in the original Harry Potter book series.


How has Creon become king of Thebes?

His two older brothers (the original heirs to the throne), Eteocles and Polyneices, killed each other in battle. He was next in line to be king.