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When someone dies, their estate typically includes all their assets, such as property, money, investments, and personal belongings. It also includes any debts or liabilities they may have. The estate is then distributed according to the deceased person's will or state laws if there is no will.
What else can I help you with?
What happens to uncashed checks when someone dies?
When someone dies, uncashed checks they received may need to be included as part of their estate and distributed according to their will or state laws.
Why notify dept of motor vehicles when someone dies?
Because the deceased is no longer the registered owner of the car. The car will be included in that persons 'estate' for purposes of executing the will or trust.
What happens if someone dies and has no will?
Their estate is held by the court and people are invited to make their case for a part of that estate.
Is it legal to change the address of someone who dies if you are next a kin?
Not if you are the fiduciary of the estate.
Who is responsible for paying an estate tax?
A person who inherits goods when someone dies.
Who is responsible for paying estate tax?
A person who inherits goods when someone dies.
What is the difference between an estate tax and gift tax?
Estate has to do with when someone dies. Gift tax has to do with when someone makes a gift of larger than a certain value.
Who pays the attorney when someone dies in Alaska?
The debts of the deceased are the responsibility of the estate. The estate would pay the cost of an attorney. If the estate has no assets, the attorney would require someone to pay them for their services.
what happens when someone dies and his estate never goes through probate and then the executor of his estate dies ?
You should seek official legal advice, but the online consensus seems to be that the 2nd person in line to be executor becomes in charge of the estate.
When someone dies who decides if there is an estate to execute?
The creditors and heirs at law generally decide whether the decedent's estate requires probate.
When someone dies in Alabama do you have to pay estate tax?
yes you have to pay 15 dollars more
What happens when an executrix of an estate dies before the estate is settled?
Someone else will be appointed the executor. The probate court will appoint someone, usually a bank or attorney, if no one 'volunteers' to do the work.
