No. A life estate is the right to use the property and is extinguished upon the death of the life tenant. They owned nothing that survives after their death so there is no need for probate unless there are other assets that were in the decedent's name alone. There is someone who owns the "fee" to the property. The life tenant only had the right to use it until they died.
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.
If the will was filed with the court and you believe you may be a beneficiary of the estate, you should contact the Probate Court. If you know who the executor of the estate is, you can contact him or her and ask for a copy of the will.
Yes, once appointed executor by the probate court, in order to collect the decedent's property for distribution. If necessary, the executor can pay an extra months rent in order to have access. If the decedent was being cared for in someone's home the executor is not entitled to a key but the owner should provide access to the executor so that they may collect the decedent's property.Yes, once appointed executor by the probate court, in order to collect the decedent's property for distribution. If necessary, the executor can pay an extra months rent in order to have access. If the decedent was being cared for in someone's home the executor is not entitled to a key but the owner should provide access to the executor so that they may collect the decedent's property.Yes, once appointed executor by the probate court, in order to collect the decedent's property for distribution. If necessary, the executor can pay an extra months rent in order to have access. If the decedent was being cared for in someone's home the executor is not entitled to a key but the owner should provide access to the executor so that they may collect the decedent's property.Yes, once appointed executor by the probate court, in order to collect the decedent's property for distribution. If necessary, the executor can pay an extra months rent in order to have access. If the decedent was being cared for in someone's home the executor is not entitled to a key but the owner should provide access to the executor so that they may collect the decedent's property.
Well, sugar, when a Habitat for Humanity homeowner kicks the bucket without a will, things can get a bit messy. The property will typically go through probate court to determine who inherits it according to state laws. It's always a good idea to have a will in place, so you don't leave your loved ones dealing with a legal headache after you're gone.
A nursing home has no more right to your property (in general) than any other creditor has. If you die owing money to the nursing home, then they're entitled (as is every other creditor) to recover that money from your estate. Otherwise, no, they don't get to take part of your property unless you signed a specific contract with them stating so.
Yes, if the sale is made according to state law. A court appointed personal representative must sell the property while the estate is "still in probate". After the probate procedure is completed the estate has been distributed and they no longer have any authority.
If the person who owned the home is now deceased, that person's estate must be probated before the home can be sold. Probate is what authorizes someone representing the estate of the deceased person to sell the home.
The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.The estate is responsible for paying the debts and the estate representative, appointed by the probate court, is responsible for paying the debts from the estate.
The estate is responsible for the maintenance of the property. The administrator or executor of the estate can submit a claim on behalf of the estate.
No....If the home was in a irrevocable or trust life estate and that person died or in the case of the irrevocable trust there still alive and your the benaficairy the trustee can keep you out, but eventually depending on what the terms of the estate are turn the trust or estate over to you. Seek the advice of a probate attorney.
Just contact an experienced insurance agent in the state in which the home is located.Any experienced agent should be able to guide you in obtaining proper insurance for the home. If your inheritance is still in probate then you may need to coordinate with the estate executor unless of course the executor is you. If not in probate then it just depends on how the ownership is currently styled as to what names or entities you need to schedule for coverage.A good Insurance agent will know how to properly style the coverage for your situation.You need to own the house first. If it is still in the unsettle estate, the Administrator or Executor of the Estate would have the ability to insure the property. You will need to talk with the Insurance Agent to get pricing and what needs to be done. If the estate has not been settled then the estate can purchase a policy to cover the home. It will be listed as Estate of ____________ on the policy and the person in charge of the estate will have to handle the details with the agent.
This is the reason to go to probate court, to get these things settled out. Technically, the estate of your father owns the home. Without a will, your step-mother will have some rights to the home, depending on the state, either a life estate, partial ownership, or full ownership. Consult a probate attorney in your state to get things properly defined.
Criminal laws of theft, civil laws of conversion. In any case, any property taken from the estate home prior to inventory must be accounted for before the estate can be settled.
Consult the attorney that is handling your probate action for advice. You may have to come to some agreement to partititon the home from the remainder of estate in order to settle the estate.
When a person dies owning real estate their estate mustbe probated in order for title to pass legally to their heirs. You need to consult with an attorney who specializes in probate law.When a person dies owning real estate their estate must be probated in order for title to pass legally to their heirs. You need to consult with an attorney who specializes in probate law.When a person dies owning real estate their estate must be probated in order for title to pass legally to their heirs. You need to consult with an attorney who specializes in probate law.When a person dies owning real estate their estate must be probated in order for title to pass legally to their heirs. You need to consult with an attorney who specializes in probate law.
Probate is done only after death. Prior to that, the individual still controls their own assets.
When your mother died, the executor took her place. The executor may not act without approval of the probate court. Your forclosure action must be against your mother's estate, as she is deceased, there you must go to probate.