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Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
Once the debts of the estate have been paid and the costs of probating the estate have been paid the executor must make distribution.
What else can I help you with?
Can an estranged executor accuse an heir of damaging the deceased property?
The executor of an estate is responsible for the assets of the estate. That means they can bring a lawsuit on behalf of the estate. So, yes, they can accuse or even sue an heir for damaging property.
If you are the executor and heir to an estate with no will can you take a loan against the said estate property?
If you are the executor and heir to an estate with no will, you can you take a loan against the said estate property, but not right away. Lenders typically will not give you a loan on a piece of property until it is in your name.
What does it mean to be the executor and a heir?
It means they are responsible to administer the estate. They will also receive some of the estate as an heir.
Can one heir challenge an executor?
Yes. Anyone with an interest in a decedent's estate can do so. An heir would be such an animal.
Does an heir sibling to an estate have a right to enter estate after death of a parent if they are not the executor?
They do not have that right. The executor is responsible for the property and can allow, or not allow, access to the premises. The executor has to inventory the property of the estate and value it before distributions can be made.
Can an executor charge rent to an heir that has lived in the property for 19 years and was the caregiver of the deceased?
The executor of the estate is responsible for the estate. Use of the estate property is an asset and they should pay rent.
Can an executor of a will also be named an heir in the will?
Yes, it is possible for an executor of a will to also be named as an heir in the will. However, it is important for the executor to fulfill their duties impartially and in the best interest of the estate and other beneficiaries to avoid any conflicts of interest.
Who is executor of personal property when mother dies and is divorced?
Whomever files to be the executor. The estate can be opened by any heir or beneficiary, or even a debtor.
Can an heir assume an auto loan balance?
That would be up to the lender. Of course, the executor of the estate would have to give that heir the equity in the auto.
Does an executor have the right to charge an Estate to have heir's inherited business property re-appraised after Estate set business property and equipment value in will as part of heir's enheritance?
Yes.Yes.Yes.Yes.
Can an executor of an heir eviction a sibling from property that they live in of the deceased?
They do have that ability to have them removed. The property belongs to the estate and the executor is responsible for it. They can rent or sell the property.
Can executor ban heir from living at estate?
If you evict him properly after consulting with landlord/tenant eviction attorney. Are you going to then sell the property and split money with the heir?
