There is no requirement for her to do so. As long as she is the executor, and presumably the beneficiary, it is her business, not his.
Yes, if the executor abused their authority, wasted assets, failed to follow the provisions in the will and the probate laws, failed to pay creditors or did any number of things an executor should not do or failed to do things an executor should do. An executor can be held personally liable for their misbehavior.
No, the entitlement would go to the next in immediate family to the brother.
Yes, a brother can serve as executor. It is common to have a family member do the work. In most cases it is cheaper to do so.
That would be a notice to your brother that he has been named as a beneficiary of an estate.
The executor does not have that power. Their job is to execute the will as written.
Laws can and do vary from state-to-state. Consult with an attorney for questions regarding wills and other legal documents.
If my parents put monies into a CD or IRA account (20years ago) in my name, cane my widowed Mother or my brother (who is executor)redeem them without me knowning, or being present? And, or do they have the right to use the money in any other way than to transfer it to me?
Your brother already has enough going on. The duties of being executor would be too much. Someone else in the family should petition to be appointed executor and your brother should decline.
Yes. As long as the brother and the mother agree to it, it is no one else's business.
yes. that would make u the sole beneficiary.
The executor can file a resignation with the court and you would petition for appointment as the successor.
FATHER DIED JAN 2014 LEAVING 3 BROTHERS BUT LEFT NO WILL youngest brother secretly applied to get executor rights i was told he has the money now. he is not a nice person do not talk him.talked when the father died on the phone he made threats and tried to intimadate his eldest brother and middle brother he is the type of person to keep it all he took control of the possessions in the house as well not mentioned by any form of contact that he has the money how do we preceed thanks
If your brother is executor of the estate, yes.
You will receive the death benefit unless your brother has changed the beneficiary. Regardless of marriage, divorce, life changes, etc; unless the insured contacts their insurance company and changes their beneficiary, the money will go to the specified beneficiary; FYI- your brother would not be required to notify you as current (or ex) beneficiary if he changed the policy. Also, many life insurance policies have a primary and a successor beneficiary; the successor is the person who would receive the benefit if something were to happen to both the insured and the primary beneficiary.
ohh as i , i leave them
His brother Theo and Theo's son.
No, unless you have a power of attorney from your brother. And if your brother is deceased, you would have to be the executor of the estate and have the court's permission.
I am the executor of my mother's estate. When she passes away, I am the one who has to see that all of her debts are paid, buriel is taken care of, who she owes, notifying all creditors, etc. about her death. Making sure Social Security is notified. Each beneficiary is entitled to a full accounting of what the distribution of the estate is. The Executor is responsible for meeting all the requirements of the probate court and providing full documentation and valuation to the court.
Depends on the will. With no will, the issue has precedence over everyone but a spouse.
It is up to the brother. Most state probate codes allow the executor to charge a fee for their services. Executor duties and responsibilities can take up a lot of time. If there are only two beneficiaries, that will cut down on the executor's tasks somewhat. The brother should keep detailed time sheets for any time spent on estate matters and a deteiled account of any money spent on parking, postage, copying or other costs. The brother can then decide toward the end of his duties whether he wants to charge the estate or not. The executor's fee is a cost of the estate and should be paid before any assets are distributed so that brother and sister each pay equally.
The executor has no authority to change a will. It is not their document and it is illegal to do so.
No. If there is a will then the executor of the will MUST do what the will says.
Yes, if he has died and you are not on the lease.