0
What else can I help you with?
What happens when an executor dies while administering the estate?
The court must be notified of the death and it will appoint a successor.The court must be notified of the death and it will appoint a successor.The court must be notified of the death and it will appoint a successor.The court must be notified of the death and it will appoint a successor.
In Texas how long do creditors have after being notified of death to respond against an estate?
6 months after the issuance of the letters of testamentary/administration.
If you voluntarily have a chapter 13 bankruptcy dismissed will your creditors be notified of the dismissal?
Yes. If you voluntarily have a chapter 13 bankruptcy dismissed, your creditors will be notified of the dismissal.
Who is responsible for credit card debt when there is no estate?
Generally a person's estate is responsible for the decedent's debts. If there is no estate the creditors are out of luck. They should be notified of the death.
If a parent dies and leaves house to children must they pay off any debt left?
The debts of the estate must be paid before any distribution of assets is made. If the parent left a will and owned a home, the estate must be probated in order for title to pass to the heirs legally. The creditors must be notified of the death.
Who pays back taxes when a person dies?
The person's estate is responsible for payment of back taxes. If there are any assets, the debts must be paid before any assets can be distributed to the heirs. If there are no assets the creditors should be notified of the death and they are out of luck.
If there is no money in a person's estate that has passed away do their loans that are unsecured have to be paid?
The estate is responsible for the debts of the deceased. The creditors should be notified of the death but they are out of luck is there are no assets.
Must executor of will be notified if he is removed as executor?
If the will is changed, there is no requirement. If the court has already appointed them, then yes, they must be notified that their letter of authorization is no longer valid.
Is there a newspaper ad to notify creditors of death?
The executor is required to notify all creditors. Placing an ad is one way that the legal requirements can be met. If there are known creditors, hospitals, credit cards, etc. they must be notified personally. Consult an attorney in your province for more details and specifics.
The executor of an estate died. An alternate executrix was named in the will. Does the estate become part of the executor's estate?
No. The property is not a part of the estate of the executor.The court must be notified of the death and a successor must be appointed. The court will appoint the alternate as long as they are willing to serve.No. The property is not a part of the estate of the executor.The court must be notified of the death and a successor must be appointed. The court will appoint the alternate as long as they are willing to serve.No. The property is not a part of the estate of the executor.The court must be notified of the death and a successor must be appointed. The court will appoint the alternate as long as they are willing to serve.No. The property is not a part of the estate of the executor.The court must be notified of the death and a successor must be appointed. The court will appoint the alternate as long as they are willing to serve.
How to write a Sample letter to notify of someones death?
Creditors need to be notified when someone dies. A sample letter of death would include a formal death notice, the death certificate, and a copy of a legal document stating that you have authority over the deceased affairs.
If you file bankruptcy who will be notified?
All creditors are notified and you are required to attend a 341 meeting of creditors prior to your plan being approved. Most creditors, especially the unsecured ones, do not bother to attend. Those that do attend must restrict their questions to your financial situation. Many trustees are now requiring Payroll deduction of payments into the plan if filing Chapter 13, so it is possible a Payroll accountant at your business will become aware of the filing.
