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The executor can resign through the court and the court can appoint the attorney as the executor.

The executor can resign through the court and the court can appoint the attorney as the executor.

The executor can resign through the court and the court can appoint the attorney as the executor.

The executor can resign through the court and the court can appoint the attorney as the executor.

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12y ago

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When a person with a reverse mortgage dies can the executor give the house to the reverse mortgage company?

The estate must be probated and the executor should ask the attorney who is handling the estate how and when to make the transfer.The estate must be probated and the executor should ask the attorney who is handling the estate how and when to make the transfer.The estate must be probated and the executor should ask the attorney who is handling the estate how and when to make the transfer.The estate must be probated and the executor should ask the attorney who is handling the estate how and when to make the transfer.


How does the power of attorney assign an executor to and estate?

A Power of Attorney is extinguished when the principal dies. The attorney-in-fact has no power to do anything. The probate court appoints the executor or administrator for the estate.


Does the executor of an estate pay attorney fees out of their compensation?

They do not pay the estate attorney's fees, the estate does. If they hire their own attorney, yes, they have to pay them.


What is rate of compensation the executor of estate in Tennessee?

10%


Who becomes the executor of an estate if no one accepts being executor and no relatives?

The court will appoint an executor either an attorney or a bank. The cost will come out of the estate.


How do you transfer the deed of a deceased parents in Texas to the executor of the estate?

The executor now controlling the estate has to do the transfer but if they had an executor, there is probably also a will, attorney, and a beneficiary (ies)


Does a lawyer have a fiduciary duty to only the executor of estate or all the beneficiaries of said estate?

The attorney has a fiduciary-client relationship with the executor. Note that if a beneficiary believes they have a valid cause of action against the executor for mishandling the estate the beneficiary must retain their own legal representation. The attorney who is handling the estate will represent the executor.


If the attorney of an estate is also the personal representative of that estate can she sell the real estate and collect both the real estate commission and her attorney fees?

The real estate agent is the person who collects a commission on the sale of the real estate not the estate representative (executor/administrator). Generally a person who fills both roles, attorney for the estate and executor, can charge for both services.


Can you transfer a property that is willed to you in NY State without putting property in your name?

You may be able to have the executor transfer the property directly from the estate with your consent. You should speak with the attorney who is handling the estate.You may be able to have the executor transfer the property directly from the estate with your consent. You should speak with the attorney who is handling the estate.You may be able to have the executor transfer the property directly from the estate with your consent. You should speak with the attorney who is handling the estate.You may be able to have the executor transfer the property directly from the estate with your consent. You should speak with the attorney who is handling the estate.


After death of the grantor of POA who is in charge of the estate?

A Power of Attorney has no relationship to the estate. A Power of Attorney automatically ends at the death of the grantor. The will names an executor who will be responsible for the administration of the estate. If there is no will, the court can appoint an executor. If there is no family member that all the beneficiaries agree can be the executor, the court will appoint a bank or attorney to serve as the executor, at the appropriate fees, of course. Consult a probate attorney in your state or country for further information. The executor named in the will or the administrator appointed through the court if there is no will is in charge of the estate after death. The power of attorney has no effect once the grantor dies.


What is the lawers responsibility over executor over estate?

The lawyer serves as an advisor. They assist the executor with the handling of the estate. They can recommend people to value the estate as well as tax advice.


Does power of attorney also takes care of estate on items to be sold?

The power of attorney ends with the death of the grantor. The executor handles the estate.