There two heirs left.
How A company gets money from shareholders when?
The solicitor typically distributes money to the executor rather than directly to the heirs. The executor is responsible for managing the estate, including settling debts and distributing assets according to the will or intestacy laws. Once the executor receives the funds, they will then distribute the appropriate amounts to the heirs as outlined in the will.
your money gets loaned out to businesses and companies.
It is possible in some cases. The testator can also specify in the will that such property cannot be used that way.
There two heirs left.
possibly who ever he left his money to. im not really sure though..
States are very specific as to who gets property when someone dies without a will and have codified the distribution. And it is typically faster, because the judge is very impartial and follows the letter of the law. If there are arguments over who gets what, the judge sells it and splits the money.
No the debt passes on the the heirs of the estate.
yes you do, but maybe the heirs will forgive the loan that was made.
The state gets the money.
The person who receives your aunts inheritance will most likely be determined by her will. If there is no will, the court will probably divide it between the nieces and nephews.
No, you sue the owner, which is the estate.
How A company gets money from shareholders when?
French poodle
The executor has to settle all debts. Once they are satisfied that they can be paid, they can consider disbursing money to the heirs.
The executor has the duty to preserve the estate in all aspects, including making money for it. The heirs' consent is not necessary.