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The executor will have access to the funds, but only for paying the bills of the estate. Money cannot be distributed until the court approves the distribution plan.

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12y ago

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You can access your funds easier if your account has what liquidity?

You can access your funds easier if your account has high liquidity. High liquidity means that the assets can be quickly converted into cash without significantly affecting their price. This allows for swift transactions and immediate access to funds when needed, making it easier to manage financial needs. Conversely, low liquidity can result in delays and potential losses when trying to access funds.


Who gets the remaining funds in an estate account?

The estate account is closed and any remainding funds would go to the remainderman. That is the person or persons that get what is left over.


Can an executor access stock funds to cover funeral expenses?

The stock funds would be a part of the estate. They can be sold to cover estate debts.


How can I access funds from my bank account?

You can access funds from your bank account by using an ATM, visiting a bank branch, making an online transfer, or writing a check.


How soon can the executor of an estate account get money from the account after a home has been sold?

The executor of an estate can typically access funds from the estate account after a home has been sold once the sale is finalized and all necessary legal and financial obligations are met, such as paying off any outstanding debts, taxes, and fees. This process may take a few weeks to several months, depending on the local laws and the complexity of the estate. Once the sale proceeds are deposited into the estate account, the executor can begin distributing funds according to the will or state intestacy laws.


Is a bank supposed to refused to pay accumulated salaries in a deceased person's bank account to applicants?

Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.Banks do not handle salaries or applicants in regards to an estate. They do not disburse funds after the account owner has died. You should contact the executor and the attorney who is handling the estate.


The administrator made you put your own beneficiary funds into the estate account advising it was required. Can you sue her for fraud or petition the court to remove her?

You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.


How can I set up a sugar momma check deposit for easy and convenient access to funds?

To set up a sugar momma check deposit for easy access to funds, you can provide your bank account information to your sugar momma so she can deposit the checks directly into your account. This will allow you to access the funds conveniently and quickly.


Can money from a POD certificate of deposit be deposited into an estate account?

Money from a Payable on Death (POD) certificate of deposit (CD) typically does not go into the estate account, as it is designated to pass directly to the beneficiary upon the account holder's death. The beneficiary can claim the funds without going through probate, meaning they are not part of the estate's assets. However, if there are no designated beneficiaries or if the beneficiary predeceases the account holder, the funds may then be considered part of the estate and could be deposited into the estate account. Always consult with a legal professional for specific guidance related to individual circumstances.


My sister and I are co administrator of our sisters estate distribition is May 19 we have moved all money into new mma I have a emergency situation can I use a one time amt of the funds in the account?

This questions needs clarification as to whether the executor has a personal emergency or whether the estate has the emergency; whether the executor is or is not a beneficiary and whether or not we are talking about funds in the estate account or still in the decedent' personal account.


What are the benefits of investing in real estate through real estate investing funds?

Investing in real estate through real estate investing funds can provide benefits such as diversification, professional management, access to larger properties, and potential for higher returns compared to individual property ownership.


What happens to HSA funds when you die?

When you die, the funds in your Health Savings Account (HSA) can be transferred to your spouse tax-free if they become the new account holder. If you don't have a spouse, the funds will be treated as taxable income and may be subject to estate taxes.