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The estate account is closed and any remainding funds would go to the remainderman. That is the person or persons that get what is left over.
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How can funds be deposited into s Forex trading account?
They deposit them just like any other thing bank related. They are put into the persons account as they are given to the bank. The sooner the bank gets them the sooner people do.
Can the Heir to the estate touch esbestos money left to other members of family?
No, an heir only gets access to their share of the estate. They cannot steal money from the others.
What happens if an heir to an estate has received nothing in 3 years?
Then he probably gets pretty upset.
If an uncle dies and had no spouse or children but had a large bank account can another uncle be made executor and take everything?
An executor of the estate does not have the right to "take everything". Rather, the executor has the responsibility to execute the will of the person who died. If the deceased had no will and no immediate relatives, it gets more complicated.
How do you change from one mutual fund to another?
If both funds are in the same fund "family", you can do an "Exchange". Else you have to sell the fund you own, wait to get the proceeds, and buy the one you want. You can either do this directly with the mutual fund company/companies, or via a brokerage account, such as Scottrade, Fidelity, etc. Brokerage accounts can charge additional fees to buy/sell mutual funds, and they typically have categories of funds, like "Fee" and "No Transaction Fee" (NTF). The advantage of using the brokerage account is convenience - to be able to have all of your investments tracked in one place, the ability to sell funds without having to have the money mailed to you, and the ability to buy funds without filling out any "application forms". The advantage of dealing directly with the Mutual Fund companies are the absence of extra fees, and the ability to make automated monthly investments. Certain funds have trading restrictions and/or fees for "short-term selling", which means that you need to hold funds for a certain period (like 90 days, for example) in order to sell without restrictions. Check your funds prospectus for more information before selling. Mutual Funds also have a minimum investment amount, so check that the amount you have to invest is greater than the minimum before you sell your prior investment. There is also a class of Mutual Funds called Load funds that charge you a fee when you buy and sometimes when you sell them. These funds are typically sold through a financial planner, where the planner gets all or a portion of the fee. Load funds have been shown to underperform no-load funds because of the fees associated with them.
Can a deceased person earn dividends on a bank account?
The estate can earn dividends on a bank account. The executor is responsible for making sure this happens and it gets included in the estate.
Who gets the money from a personal account when that person dies?
If the account was in the name of the decedent only, the money in the account becomes part of the decedent's estate which is then distributed according to the will.
Is an executor entitled to a commission on the estate if the home is left to him and the money is to be distributed among 3 siblings?
No. The executor gets no commissions. They get paid a fee set by the state.You need guidance from the attorney who is handling the estate. An executor is personally liable for mishandling estate property or funds.
Who is responsible if parents die and their home has forclosed?
If you're in the US... Their estate is responsible...meaning that expense (along with others) gets paid before any funds are distributed to their heirs.
How can funds be deposited into s Forex trading account?
They deposit them just like any other thing bank related. They are put into the persons account as they are given to the bank. The sooner the bank gets them the sooner people do.
Are funds automatically withdrawn from checking account on a debit card?
Yes. The debit card is usually linked to an account and the moment the transaction is approved at the POS terminal the amount gets debited from our account. POS: Point of Sales. (the place where you swipe your debit card)
Received accounting from father's estate executor will not release the funds until she gets things from you that were already spilt or cash she also took an extra 8000 from estate what can I do?
The only thing you can do is petition the court. But you might want to consult an attorney. The executor is entitled to be paid for the work they do.
Why does Gatiano get Othello's estate?
Cassio gets his estate not Gatiano
What happens when someone dies and the mortgage is upside down?
The house gets sold and the estate gets settled. If there is money in the estate, it will be used to pay off any debts, including remaining mortgages. Once all of the debtors are paid, the remainder is distributed according to the will or the intestate laws. If there isn't enough to pay off the debts, they debtors lose out.
Can you sue heirs of estate if the estate owns a rental property and a renter gets hurt.?
No, you sue the owner, which is the estate.
Who gets the annuity if the primary beneficiary dies after the owner dies and didn't file a claim?
The primary beneficiary's estate could file a claim and the proceeds would be distributed to their heirs at law if the estate was probated. If no claim is made, the proceeds would escheat to the state after a statutory waiting period has passed and the funds remain unclaimed.
What happens to moms furniture if it is in a house that you own and there is no will who gets the funiture?
The estate gets the furnature. The executor of the estate will then distribute it according to the intestacy laws once the debts are resolved.
