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The Administrator of the estate MUST distribute the estate according to the laws of intestacy. Their only powers of discretion may lie in devising a fair system of distribution of personal items that cannot be divided equally.
Administrators are under the supervision of the court that made the appointment and must follow the laws of intestacy in making distribution. The Administrator will be held personally responsible if they violate the law. You can check the laws of intestacy of your state at the related question link provided below.
What else can I help you with?
Does property and estate automatically transfer to the surviving children if the deceased did not have a will in the state of California?
The estate passes to the heirs at law according to the state laws of intestacy. Generally, if there is no surviving spouse it passes to the children equally. You can check the laws of California at the related question link.The estate passes to the heirs at law according to the state laws of intestacy. Generally, if there is no surviving spouse it passes to the children equally. You can check the laws of California at the related question link.The estate passes to the heirs at law according to the state laws of intestacy. Generally, if there is no surviving spouse it passes to the children equally. You can check the laws of California at the related question link.The estate passes to the heirs at law according to the state laws of intestacy. Generally, if there is no surviving spouse it passes to the children equally. You can check the laws of California at the related question link.
Can a beneficiary of an estate sign a disclaimer and their share go to their siblings?
It will depend a great deal on what the will says. If there is no will, and no descendants, the siblings will probably be dividing the estate equally. In that case, there should be no problem with declining one's portion and having it divided equally.
What are the terms for the two ways in which the testator can distribute the estate among the lineal descendants?
The two terms are per stirpes and per capita. Per stirpes means the estate is divided among branches of the family based on equal shares per branch, while per capita means the estate is divided equally among all lineal descendants regardless of their branch in the family tree.
Does the Residuary estate go to all siblings on the will or can it go on a verbal agreement with the mother and all siblings present that divides the property equally?
The residuary estate is usually addressed in the residuary clause in the will. If the residuary estate is not addressed in the will then the residuary passes to the next-of-kin as intestate property according to the laws of intestacy. Distribution of an estate is governed by statute and not by any verbal agreements. A beneficiary can waive their rights to distribution but it must be done in writing and filed with the estate.
An estate that creates only the right of use and possession is known as a?
Life estate.
Do you file to become administor of an estate in the state you live in or where the person died?
You file where the decedent died and owned property.
How do you divide personal assets equally when administering an estate?
That is one of the challenges of being the executor. The estate has to be inventoried and valued. There are actually software programs that can help with this.
What word is for divide equally?
Bisect is the word for divide equally. It is a word for divide equally and is used in mathematics.
Use the word 'equity' in a sentence?
Prompted by considerations of equity, the father decided to divide his estate equally among his children.
What is mean by administor?
to manage or direct
How do you divide equally 16 apples for 17 children?
how do you divide 16 apples equally between 17 children
How do you divide 20 equally?
These numbers divide 20 equally: 1, 2, 4, 5, 10, 20.
What multiple factor could you divide equally by 8?
64 is a multiple factor you could divide equally by 8
Can you write a sentence using the word equally?
The estate was equally divided by the children. The chess masters were equally matched. It was equally apparent that they had no source of income.
How does one hundred and four divide into fourteen equally?
How does 104 divide into 14 equally?104 doesn't divide into 14 equally. If you get a calculator and type in 14 divided by 104 you will get the answer: .1346153, which isn't an equal number, but a decimal.
What are synonyms for halve?
cut in half, reduce by fifty percent, split in two, bisect, divide in two, share equally, divide equally
What numbers that divide into 121 equally?
11
