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What else can I help you with?
Can an executor buy family home at full price if they are also a beneficiary if 3 out of 4 beneficiaries agree?
Any of the beneficiaries could buy the property at full price. The court has to approve it, but I don't see any reason why they wouldn't approve a valid sale at a market value. The money goes into the estate and is then divided between the debtors and beneficiaries.
What is meant by market gridding?
market gridding means establishing and running a web market facility
What is meant by grid?
market gridding means establishing and running a web market facility
Is a money market account part of residuary estate?
It is if there is not a named beneficiary in the bank's records.
What happens after probate if a house is involved and a beneficiary wants to keep it?
The beneficiary can buy the property from the estate. That means the mortgage must be settled and the price must be market value.
How does the role of a market economy in establishing and preserving political and personal liberty?
It doesn't. Many fascist and illiberal regimes have market economies.
Can a beneficiary change the asking price for the home to the executor?
They cannot do it unilaterally. They can petition the court to make the price in line with the market.
What are the key factors to consider when establishing a yeast farm for commercial production?
When establishing a yeast farm for commercial production, key factors to consider include the quality of the yeast strain, the production process efficiency, the scale of operation, the equipment and facilities needed, the market demand for yeast products, and the regulatory requirements for food production.
What phase of market research is an ongoing process?
Strategic market research is an ongoing process.
Functions of national stock exchange?
defect in indian stock market at the time of establishing nse
Can the beneficiary's tell the executor how much to sell for in NJ?
Not really. The property has to be sold for fair market value. There is some latitude if the assets exceed the debts of the estate. Or the beneficiary's can agree to a lessor price if it is being sold to another beneficiary. Often siblings will let another sibling buy them out of the property for a lower price.
In UK law can the executor of a will sell the house at a lower price to what the beneficiary would like and could they end up being sued for doing so?
The executor has a duty to the estate. The price must be a fair market price and the beneficiary cannot choose what that is.
