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Then he probably gets pretty upset.

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13y ago

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What happens to the money left in a estate when one beneficary cannot be found?

It should be held in the registry of the court. If it remains there for a certain period of time (could be seven years), it escheats to the state.


Real estate salaries?

A Real Estate Agent can easily earns an average salary of $43,969 per year. Most people in real estate business move on to other echelon after 10-20 years.


Is there a time limit the executor must disperse funds from an estate?

There is no time limit to settle an estate. It can be very complicated and take many years to resolve and settle.


Are taxes due on money received from a life insurance policy?

In most instances, no income tax is due on life insurance proceeds. (A rare exception would be if the policy was sold, making it a capital asset. Very rare, though.) There is no estate tax on the insurance policy, per se. However, if the value of the decedent's estate, including the proceeds of the policy, exceeds a certain amount ($2 million this year), then the estate would be liable to pay an estate tax. The proceeds of the policy would not be included in the value of the estate if the decedent had no incidents of ownership in the policy at death. An example would be a policy that was owned by an irrevocable trust and the decedent did not own the policy within 3 years of death.


How old do you have to be in the state of Texas to become a real estate agent?

I think same as other states you need to be at least 18 years of age to be eligible to apply for a real estate license. You can check out Texas Real Estate Commissions website for more details

Related Questions

When real estate under an estate for years is sold what happens to the lease?

lease is subject to termination with proper notice


What happens after seven years after a girl has her period?

Nothing happens seven years after a girl has her period. There's nothing specific about this length of time.


What happens if a horse on Howrse has 100 years?

If a horse reach 100 years - nothing happens.


What happens when you eat nothing but apples for years?

You get malnutrition.


What scientific event happens every 200 years?

nothing


Father made you executor and sole beneficiary in his will 20 years ago He remarried 10 years ago What happens to his estate?

Upon his remarriage, his will became null and void, as his spouse became co-owner of the estate.


What happens to earth's orbit every 100000 years?

As far as I know, nothing special happens every 100,000 years. A full precession cycle takes about 26,000 years.


What happens if it has been 3 years and you haven't settled the estate because of home sells in Florida?

Consult the attorney that is handling your probate action for advice. You may have to come to some agreement to partititon the home from the remainder of estate in order to settle the estate.


If an estate is closed and two years later the deceased comes into money what happens to that money?

The estate would need to be reopened and the funds would pass according to the terms of the will or by the laws of intestacy if there was no will. A fiduciary would need to be appointed to represent the estate and distribute the funds.


What differentiates an estate for years from an estate from period-to-period is that estate for years?

And Estate for years would run for a specific time period and is not automatically renewed, where as, an Estate from period to period runs for an indefinite number of periods (Which are usually in 30-day segments).


What happens if you swallow 3 sugar free gums and you are 9 years old?

Nothing happens. It goes through your body like anything else you eat.


Is it bad luck to whistle at night?

I am 10 years old and I sometimes whistle at night nothing bad happens.