The minimum is going to be about 4 months. You have to give those owed money at least 90 days to identify themselves.
That will depend on the complexity of the estate. There is no definitive answer.
There is no specific time frame in Missouri. The estate has to be inventoried and appraised, the debts collected, taxes paid and the terms of the will meet.
Have you checked with a lawyer and the probate judge? How does the will read? Are there other heirs? Normally there is no is no limit concerning the rules. You can have a real estate agent in the business of determining the price of a house set the value. You can buy out the other heirs and keep the house. How you and the other heirs settle the estate is up to you. The probate judge will demand you pay any taxes due.
In Colorado, there is no specific time limit set by law to settle an estate. However, the process can vary in duration depending on the complexity of the estate, any disputes that may arise, and other factors. Executors are generally encouraged to complete the probate process in a timely manner.
After a person dies with a will and the estate is probated how long does the executor have to wait until assets are distributed to the beneficiaries?
A petition for probate should be filed where the decedent resided. In cases where the decedent owned real property in another state their probate (usually consisting of attested copies of the original filing) must be filed in the state where the real estate is located. For example, if a resident of Florida died their estate must be probated in Florida. If they still owned real property in Massachusetts at their time of death, an attested copy of the Florida probate must be filed in the proper county in Massachusetts in order for the title to the real estate to pass to the heirs legally or for the administrator to be able to sell the property.
Yes, there is a time limit which varies from state to state.
No, there is no limit to settle an estate. It can take many years for a complex estate.
It will depend on the specific estate. All of the debts and taxes must be paid and everything inventoried before reporting to the court.
The length of probate can vary depending on the complexity of the estate and the specific laws of the jurisdiction. Typically, probate for uncontested wills can take anywhere from a few months to a year to complete. It's best to consult with a probate attorney in your area for a more accurate timeline.
Depending on your state, there may or may not be a time limit for administering the estate. Generally speaking, the executor can take as long as they need to handle the estate. However, if the beneficiaries feel that the executor is taking an excessive amount of time, they can apply to the court for resolution of the matter.
If there is no real property to convey, some states have a short form set of documents that reduce the time and cost of probate. And if there are debts owed by the deceased, it would be a good thing to probate it and get the debts resolved.