0
What else can I help you with?
What does a person do as the executor of an estate when they cannot find the pink slip of a car owned by the deceased?
The executor of the estate would need to apply for a lost title at the motor vehicle office in which the deceased lived or the car was registered.
Can the executor sell a car that was owned by the deceased?
Yes, they have that power. However, if any money (a loan) was owed on the vehicle by the deceased, the Executor, on behalf of the estate, must pay off the lienholder.
What if the deceased did not own their car and the executor would like to take it over?
The estate can sell the car to the executor. They will have to demonstrate to the court that they paid a fair market value for the vehicle. Essentially, the executor pays the estate for the car and the estate settles the car loan.
Can executor sell car of deceased in NJ?
Yes, the executor can sell the vehicle. They have to resolve any lien against the vehicle. They should have a letter of authorization that allows them to act on behalf of the estate.
How can someone become appointed as the executor of an estate?
To become appointed as the executor of an estate, a person typically needs to be named as such in the deceased person's will. The court will then review the will and officially appoint the executor. The executor is responsible for managing the deceased person's assets, debts, and distributing the estate according to the will.
What can an Executor of an Estate do?
They follow the instructions of the deceased has laid out in their will.
Who protects a deceased person's property?
The executor of the estate.
Can a cousin be an executor?
Certainly. Anyone can be named an executor of an estate, whether related to the deceased or not.
Does executor have ruling over sale of house in an deceased estate?
Yes, the executor has the authority to manage and oversee the sale of a house in a deceased estate. The executor is responsible for handling the deceased person's assets, including the sale of property, according to the terms of the will or state laws if there is no will. The executor must act in the best interest of the estate and its beneficiaries.
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)
How do you sell stock of deceased parent?
The executor of the estate is able to sell assets of the estate.
How can someone become an executor of an estate?
To become an executor of an estate, a person must be named as such in the deceased person's will. The executor is responsible for managing the deceased person's assets, debts, and distributing the estate according to the will's instructions. It is important for the executor to understand their duties and responsibilities, as well as any legal requirements in the jurisdiction where the estate is being administered.
