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What else can I help you with?
If you are the executor and co-beneficiary do you have to get signed documents from the co beneficiary to act?
If you are the sole Executor you do not need signatures from any beneficiaries.
What would a sole beneficiary expect to receive?
A sole beneficiary should, in theory, receive the entire estate, minus the fees of the executor.
Can the sole beneficiary act as executor if the executor for my fathers will dies.?
Yes. You can notify the court that the executor has died and request that you be appointed the successor.
Can executor and beneficiary be the same?
Yes, that is often the case when a spouse dies. It saves the estate money.
What if your mothers will names your brother and you as beneficiaries your brother passes away a month later does this make you sole beneficiary?
yes. that would make u the sole beneficiary.
Can executor borrow money from the estate if they are the sole beneficiary?
Yes. I don't think 'borrow' is the right word, however, as the sole beneficiary will be entitled to the entire estate. An 'advance' would more likely be the correct term.
Can an executor to an unsigned will be the sole beneficiary in uk law?
If the will is unsigned, the will is not considered valid. The laws of intestacy would apply.
Can you be the sole trustee and sole beneficiary of a trust?
Yes, it is possible to be the sole trustee and sole beneficiary of a trust.
Does an executor receive the estate?
The court appoiunted executor has control over the estate in order to pay taxes and debts and distribute the remaining property according to the will. The estate does not become their own property unless they are the sole beneficiary.
Can an ex-wife be sole executor upon death of husband and in the absence of a will?
While it is possible, it is probably not the best choice. An actual beneficiary would be in the best position to serve.
Can a person be executor and beneficiary of insurance policy and sole right to the insurance money?
Yes. Insurance proceeds, unless the beneficiary is the estate, are payable directly to the person who is named as the beneficiary beneficiary. As such, the policy proceeds pass "outside" of the estate and do not become a part of it. If the same person who is the named beneficiary of the policy is also the executor of the estate, he/she is required to carry out the directives of the Will. This includes paying legal debts of the deceased, ensuring protection of the value of the assets of the estate, and distributing the assets as directed in the Will.
What is a sole executor?
Sole executor is a single person. They are responsible for handling the estate. They will report the results to the court.
