It will depend on the specific estate. All of the debts and taxes must be paid and everything inventoried before reporting to the court.
A will doesn't have a statute of limitations. There is often a limit on when a will can be contested. Most places have set it at 2 years after the will is presented for probate. Consult an attorney in your jurisdiction for the specifics.
Probate in your state may have a monetary limit in order to require probate. A local probate attorney can answer your question.
Yes, there is a time limit which varies from state to state.
Possibly, depending on the facts of the situation and the law of the jurisdiction where the probate was done. Many states limit will contests to short periods of time like 6 months or even less. However, in New Jersey for example, if a person is one that is required to be given notice of the probate but didn't get it and if that person is otherwise not aware of the probate, a court might (stress:might) grant permission to file a will contest out of time. These are rare, because there is a real need to have finality in the transfer of a decedent's property. Consult an experienced lawyer to see if your situation fits the requirements.
In California, the allowable maximum statutory fee for attorney compensation in probate cases is based on a sliding scale percentage of the total value of the estate. The percentage decreases as the estate value increases. Additionally, attorneys can seek court approval for higher fees under certain circumstances, such as extraordinary services or complex estates.
The length of probate can vary depending on the complexity of the estate and the specific laws of the jurisdiction. Typically, probate for uncontested wills can take anywhere from a few months to a year to complete. It's best to consult with a probate attorney in your area for a more accurate timeline.
A statute of limitations is related to bringing a law suit. As such, there is a limit of 3 years in Mississippi.
Have you checked with a lawyer and the probate judge? How does the will read? Are there other heirs? Normally there is no is no limit concerning the rules. You can have a real estate agent in the business of determining the price of a house set the value. You can buy out the other heirs and keep the house. How you and the other heirs settle the estate is up to you. The probate judge will demand you pay any taxes due.
There is no specific time frame in Missouri. The estate has to be inventoried and appraised, the debts collected, taxes paid and the terms of the will meet.
There is and generally it is pretty short. Each state has its own statutes of limitation or court rule stating the time limit for contesting a will after being admitted to probate. You must look into that state's laws or court rules for the definitive answer.
After a person dies with a will and the estate is probated how long does the executor have to wait until assets are distributed to the beneficiaries?
N.J. probate rules differ from most states due to the fact that the individual counties establish probate procedures. The only time limit set statewide, is that a will or probate proceedings may not begin until the eleventh business day after the person has died. There usually isn't a penalty for delayed probate filing. However, the case will probably be handled differently, than one that was filed within established time limits. The best option is contacting the county probate court of jurisdiction for further instructions.