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If the estate was probated in court the estate becomes a public record. You can review the file. You may read the will, review the inventory for all the real and personal property listed and the value of the property, and then review any statements regarding distribution. You can also review the final account once it has been filed. If you have any questions, you can direct them to the executor and/or the attorney who is handling the estate.
What else can I help you with?
Can a beneficiary to property remove their name?
A beneficiary does not have to accept an inheritance. Their share or that item will go back to the estate to be distributed in another manor.
Can a creditor claim assets held for a beneficiary in trust in case of bankruptcy of the beneficiary?
Not if the trust was properly drafted by a professional.
How are life insurance beneficiary benefits distributed?
Depends on how the policy owner want the death benefits distributed. It usually even, but it has to add up to 100%.
Does a land trust protect the beneficiary from law suits?
Yes. A properly drafted trust shields the beneficiary from being personally liable for lawsuits involving the trust property.Yes. A properly drafted trust shields the beneficiary from being personally liable for lawsuits involving the trust property.Yes. A properly drafted trust shields the beneficiary from being personally liable for lawsuits involving the trust property.Yes. A properly drafted trust shields the beneficiary from being personally liable for lawsuits involving the trust property.
Can a executor be the sole beneficiary of mothers will in Massachusetts?
As long as the will was properly drafted and is allowed by the court the executor and the beneficiary can be the same person.
When there are 2 beneficiaries why are the survivors of the 1st beneficiary entitled to life insurance claim and not the 2nd beneficiary?
The actual claim paymet would go the the estate of the deceased and distributed according to his/her will.
Who should be the legitimate beneficiary of retirement?
The beneficiary chosen by the policy owner would be the legitimate beneficiary. If no beneficiary was named then the retirement account will be paid to the estate and will be distributed to the heirs-at-law under the state laws of intestacy. You can check your state laws at the related question link provided below.
If someone dies and their beneficiary is dead who gets the money?
If the beneficiary predeceased the testator and there is no contingent beneficiary named in the will the property will be distributed as intestate property under the state laws of intestacy as if there was no will. You can check the laws of your state at the related question link provided below.
What is the default law if there is no beneficiary?
If there is no designated beneficiary for an account or policy, the default law typically designates the estate of the deceased as the beneficiary. This means that the assets or funds from the account or policy would be distributed according to the instructions laid out in the deceased's will or according to the laws of intestacy if there is no will.
How does a corporation get distributed from an estate in new york?
Corporations owned by a decedent are u sually distributed by issuing stock certificates of the corporation equal in value to the ownership interest the decedent had in the corporation. The number of shares each beneficiary receives is determined by the percentage of the estate each beneficiary receives in the will.
Can the executor know that he is a beneficiary?
Yes.
What happens if the beneficiary of a life insurance policy is deceased?
Generally, if the beneficiary is deceased, the proceeds go to the contingent beneficiary, or if none, to the estate of the insured. An attorney must be consulted to direct you on how to handle this in your state. It depends on whether the beneficiary predeceased the insured. If the beneficiary died before the insured then the proceeds go the the contingent beneficiary. If there is not a contingent, check the contract, it probably is paid to the Owner of the Estate of the Insured. If the Beneficiary died after the Insured, the proceeds go to the Beneficiary's Estate. It is important to have a contingent beneficiary specified in your life insurance policy. This way, if the beneficiary passes away, the contingent beneficiary will benefit. If there is no contingent beneficiary, and the beneficiary has deceased, the proceeds of the life insurance policy, go to the estate and is distributed according to the Will.
