You petition the court to appoint one. If the heirs agree on one, the court will normally go along with it, otherwise they will appoint a neutral party.
Yes, it is possible for an executor of a will to also be named as an heir in the will. However, it is important for the executor to fulfill their duties impartially and in the best interest of the estate and other beneficiaries to avoid any conflicts of interest.
The executor of an estate is responsible for the assets of the estate. That means they can bring a lawsuit on behalf of the estate. So, yes, they can accuse or even sue an heir for damaging property.
If you are the executor and heir to an estate with no will, you can you take a loan against the said estate property, but not right away. Lenders typically will not give you a loan on a piece of property until it is in your name.
The executor is often a beneficiary of the will. They have to show the court a complete accounting of the estate. This means the judge has to validate that they aren't taking more then they are entitled to.
It means they are responsible to administer the estate. They will also receive some of the estate as an heir.
Yes. Anyone with an interest in a decedent's estate can do so. An heir would be such an animal.
They do not have that right. The executor is responsible for the property and can allow, or not allow, access to the premises. The executor has to inventory the property of the estate and value it before distributions can be made.
As an heir you have the right to petition to be appointed the executor of the estate if there is a will and no other executor is named, or the administrator of the estate if there is no will. The estate must be probated in order for title to the property to pass to the heirs. You should consult with an attorney who specializes in probate law in your state. A Power of Attorney is extinguished by the death of the principal. Your cousin has no authority over the estate.
In most cases, you can decline the payment, which will go into the estate and then to the beneficiaries of the estate. Consult with the insurance company and the executor of the estate to be sure that is what you want to happen.
The executor of the estate is responsible for the estate. Use of the estate property is an asset and they should pay rent.
An heir to an estate is usually the spouse, children, or next of kin. The heir may also be named in a will. If their is none of these options, then the estate will go to the state.
Whomever files to be the executor. The estate can be opened by any heir or beneficiary, or even a debtor.