It goes into Probate court and the State decides how it is disbursed.
It can be open up t a max of six years.
Not without the permission of the executor. They are responsible for making sure the estate is maintained.
The estates are responsible for the debts. The attorney who is handling the estate will let you know how the debts will be paid.
I am assuming that your grandmother does not have a spouse who is still living. In California, if a resident dies without a will or trust, then the laws of intestate succession are used to determine who will inherit the estate. If your grandmother was not married, then the estate would be divided in equal shares (if they are in the same generation) to her children. If there are no children or grandchildren living, then the estate would go to her parents. If her parents are no longer living, then the estate is distributed to the "issue of the parents." (Issue is the legal term for children, grandchildren, etc.) I am not an attorney but typically, in your situation, you would inherit one third of the estate. (Your father's portion.)
No. The shares become a part of the estate. They may have to be sold in order to settle the debts of the estate. If they are still a part of the estate when it comes time to distribute them, they can be transferred to the children.
Open an estate with the probate court. You will then be able to settle all open accounts and satisfy the debtors and then divide the remaining assets of the estate.
If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.If the estate was not probated then the rights have not passed legally to the heirs. The estate must be probated. Until that has been done the heirs cannot exercise their mineral rights.
Credit it against his share of the estate is one way of doing so. If the estate needs to the assets to liquidate debts, the bill should be sent to him as due.
The estate does have to file a tax return with the IRS. It is responsible for income tax and estate taxes
Yes, a freehold estate can be passed on from generation to generation through inheritance or conveyance. This type of estate provides the highest form of ownership interest in real property, allowing it to be passed down to heirs or sold to others.
No, that law was done away with a long time ago. The court will appoint an individual to take care of the estate.
My father passed away this year without a will but made his brother the gaurdian of his estate. am i entitled to everything he owns?