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What do you do with money received to the estate of the deceased if you are administrator after the estate has been closed?
Unless the amount is not worth the expense, you should file a motion to reopen the case and administer the funds as provided in the will or by law. You will need to file another final account. If the amount is small, you may want to try distibuting the funds according to the will or intestate provisions of law without reopening the case, and get written consent and acknowledgment of receipt from each heir. If there were unpaid creditors, the same suggestion applies, except the money goes to the creditors. Again, get the consent of the heirs in writing.
What else can I help you with?
Can an Administrator of a deceased estate rent out the estate property without consulting the beneficiaries?
Yes.
do I have to pay medical bills of a deceased person if I am an administrator of the estate?
Yes, you have to pay any debts owed by deceased from estate proceeds. It depends on the state, but generally as the administrator of the estate, you, the executor, are responsible for paying debts 'with the estate itself'. You are generally not obligated to pay out of your own assets.
How do you redeem travelers checks of deceased owner?
You need to be appointed Administrator of the estate.
Can brother-in-law become administrator of deceased sister and brother-in-law's estate?
Yes
How do you endorse a check for a deceased person?
To endorse a check for a deceased person, you typically need to write "Estate of Deceased Person's Name" on the back of the check and sign your own name as the executor or administrator of the estate. This allows the funds to be deposited into the deceased person's estate account.
Who do you contact about some monies owed to your deceased father and mother-you are administrator or their estate This is your second request.?
Yes,I am administrator of their estate and it has come to my attention that they have some unclaimed money from your company.
Is the estate administrator responsible for home ins?
Yes. The administrator is responsible for all the property in the estate until the estate has been distributed and closed. If there is real property included in the estate the administrator's duty would include maintaining insurance on the premises until title has been legally transferred to the heirs.Yes. The administrator is responsible for all the property in the estate until the estate has been distributed and closed. If there is real property included in the estate the administrator's duty would include maintaining insurance on the premises until title has been legally transferred to the heirs.Yes. The administrator is responsible for all the property in the estate until the estate has been distributed and closed. If there is real property included in the estate the administrator's duty would include maintaining insurance on the premises until title has been legally transferred to the heirs.Yes. The administrator is responsible for all the property in the estate until the estate has been distributed and closed. If there is real property included in the estate the administrator's duty would include maintaining insurance on the premises until title has been legally transferred to the heirs.
When making a claim for payment after a patient has died the claim or bill must be sent to what person or administrator?
Send it to the administrator of the estate of the deceased person.
What does an administrator of a deceased person do?
An administrator of a deceased person's estate is responsible for managing and distributing the deceased's assets according to the law and their will, if one exists. This includes gathering and valuing the estate's assets, paying off any debts and taxes, and ensuring that the remaining assets are distributed to the rightful heirs or beneficiaries. The administrator may also need to handle legal paperwork and represent the estate in court if necessary. Essentially, they act as a fiduciary, ensuring the estate is settled in an orderly and lawful manner.
Are adult children responsible for paying deceased parents real estate taxes?
No, the estate is responsible for the medical bills of the deceased. Only after they are resolved can the estate be closed any remainder distributed.
Can an administrator of a deceased estate charge a fee?
Certainly, and the fee is typically set or limited by the laws of the jurisdiction.
Can a claim be submitted for repairs if the homeowner is recently deceased and the home is in probate?
The estate is responsible for the maintenance of the property. The administrator or executor of the estate can submit a claim on behalf of the estate.
