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I am not an attorney, and you do need to get professional legal advice. If there is no will, there still may be trusts (there are several kinds) that were created by the deceased. For larger amounts of wealth, trusts are often better than wills. If there are no trusts, and there is no will, then probate court moves in and has control over how and when assets are distributed. This might not be a great problem, but sometimes probate courts can take a very long time to work through a case. Wills must go through probate court as well, but when a person leaves wishes in the form of a will, the job of probate court is to take reasonable steps to validate the will, and to make sure that the provisions in the will don't violate any rules or regulations. Trusts usually do not have to go through probate court, and there are some other advantages of trusts as well.
What else can I help you with?
Which ones of the Bee Gees are deceased?
There is only Barry left Robin and Maurice (and Andy) are deceased
How do you sell a car from a deceased relative?
An action like that must be handled by the estate. If the deceased has left a will and named an executor, the executor must handle the disposal of any property. If no will was left, the courts will determine what happens to the property.
Can the co owner of a car take possession if the other co owner is deceased and left the car to someone else in their will?
by law they cant, unless that deceased person left the car to the person who's trying to get it.
How is closing a deceased parent's estate done in NC?
Once all of the deceased ills have been paid can the left over funds be distributed?
What is anothe word for depart?
Left, gone, dead, absent, deceased.
What are your rights to your deceased father's estate if the father left the estate to his brother?
In most cases there will be none. The estate was left to the brother.
How do you find out if deceased parent left will inheritance?
Ask them, though they don't have to answer. Other than that, there isn't a way to find out. They can file it with an attorney or even with the probate court, but it isn't public until it comes up for probate after their death.
Who gets money left to a deceased person?
A person who gets money and property left by a deceased person is usually referred to as the heir. In most cases, people with a lot of wealth usually write a will of how they would wish their wealth to be distributed.
Who receives your deceased parents house if they left no will?
It will be handled in accordance with the state's intestacy laws.
Madame Tussauds London is she a person?
She was, but she is now deceased. All that is left is the Museum that she founded.
Who is responsible for deceased spouse's debt in Florida?
The estate of the deceased is responsible in Florida. The executor is responsible for listing all assets and debts. The debts are paid and anything left is distributed.
If five siblings are left 40 percent of estate and three siblings are deceased who gets the balance when there is no mention of the three deceased heirs or per capita?
If the three deceased heirs aren't mentioned then the 40 percent will be distributed to the two remaining siblings and the family of the three deceased. It is likely that the three deceased siblings had a will that will ultimately determine what needs to be done with their portion.
