There is no specified time limit to settle an estate. They can be very complex and take many years to resolve and settle.
Property held as joint tenants with the right of survivorship is not a probate asset and therefore not subject to inheritance tax. To quote an article from the website in the link provided below:"Another great advantage of holding property as joint tenants is that no taxes need to be paid on the property. There are two types of taxes that are avoided by joint tenancy. The first is the federal estate tax, which taxes an entire estate if the estate is large enough (as of 2009, at least $3.5 million, and as of 2011, at least $1 million). Some states also impose a death tax, which is similar to the federal estate tax. Additionally, joint tenants also avoid inheritance taxes, which are different than estate and death taxes. Inheritance taxes are taxed to the person who receives property from an estate, while estate taxes are taxed to the estate before any inheritances are given."
You don't need the permission of the cosigner on a loan to dispose of your property.If they're a co-owner, then you do need their consent, regardless of whether they're also a "co-signer" or not.
Putting a house in probate is necessary after the homeowner passes away if there is no living trust or co-owner named. This legal process ensures that the deceased's assets, including the house, are distributed according to their will or state laws. Probate is required to transfer the property title to the rightful heirs or beneficiaries.
No. Co-signing does not give an ownership interest.No. Co-signing does not give an ownership interest.No. Co-signing does not give an ownership interest.No. Co-signing does not give an ownership interest.
A co-trustee has the right to participate in decision-making, access trust information, and manage trust assets. Co-trustees typically have equal rights and responsibilities, as outlined in the trust document or by state law. Collaboration and cooperation among co-trustees are crucial for effectively carrying out their duties.
There is no set time frame in Colorado. Complex estates can take many years to sort out and close.
No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.No. They are required by law to settle an estate with expediency. If the executor, or co-executor, is delaying the distribution for no apparent reason they should be reported to the court. They can be replaced.
You can go to the judge or a lawyer and ask to be co executor or to require that the estate be settled. Wills and trusts can be broken, you just have to consult the right person.
The co-administrator of an estate has as much equal access to the estate as the administrator. If property or the estate needs to be divided, the parties will need to agree.
The symbol for Xinyuan Real Estate Co Ltd in the NYSE is: XIN.
Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.Co-signing gives no rights of inheritance unless that is agreed to in writing at the time of the co-signing.It should be noted that if the primary borrower dies and their estate cannot pay the debt, the co-signer will be responsible for payment of property they do not own.
Xinyuan Real Estate Co Ltd (XIN)had its IPO in 2007.
You are responsible
Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.
Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.Yes. If there are any assets in the estate the decedent's debts must be paid before any property can be distributed to the heirs. That is the purpose of requiring a co-signer.However, there may be a time frame under which the lender is required to have declared the loan in default prior to the death of the co-signer. Or, there is a time period in which a claim must be made. You should consult with the attorney who is handling the co-signer's estate.
The co-executor's rights are most likely limited to bringing an action to have the other co-executor removed for failing to fulfill the obligation to settle the estate expeditiously or to force the coexutor to perfom some ministerial act required to move the estate forward or be removed. The action may also request that the delaying co-executor pay damages, if any result from inexcusable delay, or interest or even forfeit some or all commissions due to him/her for acting as executrix. One co-executor usually cannot simply assume total control of the estate and move forward, because, in most states, when there are more than one executor, it takes a majority to act, and when there are only two executors, there is no majority.
Only the co owner's estate can do that. The estate has rights in the property and will want compensation.