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How do you you challenge the administrator of the estate if you think he is bleeding the estate dry before the beneficiaries are paid?
The best ... and only ... advice we can give here on this is "contact an attorney." The procedure is going to depend on the jurisdiction, and you're almost certainly going to need an attorney before this gets resolved anyway.
If the administrator (do you mean executor?) is a family member or friend you might talk to them first; you might be able to resolve this amicably (maybe there are very good reasons for what you perceive from the outside as "bleeding the estate dry"). If not, it's lawyer time.
What else can I help you with?
What type of tax is levied on the beneficiary and share of an estate?
The tax levied on the beneficiary and share of an estate is typically referred to as an inheritance tax. This tax is imposed on the value of the property or assets received by the beneficiary from the deceased. In some jurisdictions, the estate itself may be subject to an estate tax before distribution to the beneficiaries. The specifics can vary significantly based on local laws and regulations.
Is preamble important?
Before running- Yes Before committing a crime- Useful Before a long written piece containing many ideas - Essential
What is the formula for perfectly elastic collision?
Total momentum before = total momentum afterTotal kinetic energy before = total kinetic energy afterSum of x-components of velocity before = sum of x-components of velocity after.Sum of y-components of velocity before = sum of y-components of velocity after.Sum of z-components of velocity before = sum of z-components of velocity after.
The Irish currency before the euro?
punt
What is necessary before investment can take place?
Discipline Is Necessary for Investment Success. Investment strategy is essential before having any investment decisions.
Can one of two executors purchase the home and land from the beneficiaries with his inheritance before the estate is settled?
Yes, the administrator of an estate may purchase a home from the estate; however, that type of transaction is inherently a conflict of interest and would have to be approved by all beneficiaries having an interest in the property or by the probate court. Obviously a person buying a house wants to pay as little as possible to buy a house; but, the administrator has a fiduciary duty to receive as much as possible when selling the house. Usually, the administrator gets the consent of all beneficiaries to the transaction. They agree in advance that the sale price is satisfactory and that they have no objection to the administrator buying the house at that price. Sometimes administrators are required to apply to the probate court for the authority to sell the house and for permission to buy it. The administrator would have to prove to the court that the transaction is fair and above board. The beneficiaries would have an opportunity to raise objections if they object to the purchase price. If the administrator has no ownership interest in the property, he cannot force the beneficiaries to sell the house to him/her.
What will happen to a civil case when the plaintiff died?
When any party to a lawsuit dies, the estate of the deceased party is substituted for the person. The estate executor or administrator then becomes the party in interest to handle the lawsuit. In most states, the executor/administrator will handle the lawsuit without having to consult with the ultimate beneficiaries before taking any action, such as settling. In practice though it is wise to get some feeling from the beneficiaries, since they might make some objections about a settlement and try to hold the executor/administrator liable for making a bad settlement. But once the ececutor/administrator does sign on the settlement, the beneficiaries cannot re-open the case just because they dislike the result.
When was Before the Bleeding Sun created?
Before the Bleeding Sun was created in 2005.
Been bleeding for two weeks what is this never had it before before?
where abouts have you been bleeding
Before the person dies can he write the name of the person he wants as the administrator with out going to a lawyer?
No. The court will appoint an administrator if there was no Will.No. The court will appoint an administrator if there was no Will.No. The court will appoint an administrator if there was no Will.No. The court will appoint an administrator if there was no Will.
Can executor of will change beneficiary after death?
Can an executor of will change beneficiaries before or after death
Can beneficiaries get 20 percent of the value of the policy before giving the remainder to others in the family?
Beneficiaries are entitled to 100% of the policy. They can share it with other family members if they want.
Are beneficiaries on a will responsible for decease's debt?
The estate must be probated and the creditors will be given notice. The decedent's debts must be paid by the estate before any property can be distributed to the beneficiaries.
Can the administratrix of an estate be held liable for law suits pertaining to the deceased?
The estate of the decedent is responsible for paying the judgment in any lawsuit against the decedent. When notice of the lawsuit has been filed in the estate the Administrator would be responsible for maintaining the assets until the lawsuit has been resolved. No distribution can be made to beneficiaries until the debts of the estate are paid. The Administrator can be held liable if they distribute assets before debts are paid.
What do managed care plans require before a patient schedules elective surgery?
beneficiaries
What was Mahe Drysdale's challenge before coming to the Olympics?
What was Mahe Drysdales challenge before coming to the olmpics?
Is an estate administrator paid after the estate is settled or can they collect before it is settled?
They can collect before it is settled
