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What else can I help you with?
How do you close out deceased cousin bank account when there is a will?
The executor of the estate has a Letter of Authority that will allow them to close the account.
If a cousin dies and has no living heirs other than one living uncle and one cousin Was receiving a pension ck but died before the monthly ck was deposited but he was entitled to who can cash check?
The executor of the estate can cash the check.
What is your responsibility as next of kin to a cousin who has just died?
Unless you had been assigned their Power of Attorney (while they were alive) or named as their Executor, you have no legal obligation or responsibility.
What are your rights as an heir in the state of IL when your cousin is the agent under a durable POA?
As an heir you have the right to petition to be appointed the executor of the estate if there is a will and no other executor is named, or the administrator of the estate if there is no will. The estate must be probated in order for title to the property to pass to the heirs. You should consult with an attorney who specializes in probate law in your state. A Power of Attorney is extinguished by the death of the principal. Your cousin has no authority over the estate.
Will named you as executor but living trust for the house has no executor named Am I still the executor?
The living trust has a trustee, not an executor. The will is a separate process and you would be the executor.
What is the difference between co-executor and independent co executor?
What is the difference between an independent co-executor and a co-executor
Can wife be executor of will?
Yes. A spouse can be named as executor of a will. A spouse can be appointed by the court if there is no named executor or the named executor cannot serve.
Can an executor be beneficiary of a will in CT How can an executor be removed by an heir?
Yes, the executor can be a beneficiary. The court may remove an executor at the request of the beneficiaries.
When a will is set up or changed does the executor have to sign the will?
The executor does not have to sign the will. They don't even have to know there is one or that they are the executor.
Does the executor work for the beneficiary?
No, the executor works for the estate. The estate will pay the executor a reasonable fee. The beneficiary has limited direction that they can give the executor.
If the executor of a will dies would that person's next of kin automatically become the executor?
No. If the executor dies the court must appoint a new executor.
How do you calculate executors compensation when you are also a beneficiary?
The executor's compensation is set by law. The office of executor is separate from being a beneficiary. Compensation for an executor is not affected by also being a beneficiary.The executor's compensation is set by law. The office of executor is separate from being a beneficiary. Compensation for an executor is not affected by also being a beneficiary.The executor's compensation is set by law. The office of executor is separate from being a beneficiary. Compensation for an executor is not affected by also being a beneficiary.The executor's compensation is set by law. The office of executor is separate from being a beneficiary. Compensation for an executor is not affected by also being a beneficiary.
