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What happens to a patent when the owner dies?
When a patent owner dies, the patent is typically transferred to their estate or heirs. The estate or heirs can then decide to maintain or sell the patent rights.
Your sister has a joint bank account with your father what happens to his half after his death?
Upon your father's death, his half of the joint bank account would typically pass directly to your sister as the surviving account holder. It would not be included in his estate and would not go through probate.
An estate that creates only the right of use and possession is known as a?
Life estate.
What happens to the net settlement if the claimant is dead and the estate settled years ago?
If the claimant is deceased and the estate settlement occurred years ago, the net settlement would typically be distributed according to the terms outlined in the deceased claimant's will or through the laws of intestacy if there was no will. The net settlement would become part of the deceased claimant's estate and would be distributed to the rightful heirs or beneficiaries as per the established legal guidelines.
What happens if one brother does not want to settle the estate and it has been ongoing for five years?
The court appointed executor has the authority and the obligation to settle the estate. If the person who doesn't "want to settle the estate" is the court appointed executor you need to file a motion to have them removed and a successor appointed. If the estate hasn't been filed for probate then hire an attorney, file the will and request that you be appointed the executor. One person cannot stop the legal probating of an estate. That's why we have courts. If the person who has possession of the will won't hand it over for probate then petition to be appointed administrator of the estate and carry on as if there is no will. In that case the assets will be distributed according to the state laws of intestacy. In any case, get moving.
When a person dies in VA who starts probate proceedings?
Anyone with an interest in the estate, heirs and those that are debtors of the estate can apply to open an estate.
What are an heirs legal rights to an estate in va?
That depends if there is a will and if not the laws of probate for VA. If you need help go and hire an attorney.
On va voire bien means what in English?
on va bien voir - we'll see (what happens)
What is the VA streamline loan laws?
VA streamline loans involve repayment of one's current real estate debt from the proceeds of their new VA mortgage that has the same borrower using the same property.
How do you start a real estate title company in MD DC and VA?
What state are you asking about, and I can answer better!
What happens to a home that is not sold and is part of an estate and the estate can no longer pay for the upkeep of this home?
The estate will have to sell or abandon the home.
Did Arthur Godfrey live in Virginia?
Yes. He owned an estate not far from Leesburg, VA. He is buried in Leesburg.
What happens to the remaining assets in a closed estate?
If any undistributed assets remain in the estate then the estate must be reopened and an estate representative must be appointed by the court.
What happens when your mom passes away and her property is in a life estate?
The life estate goes to the remainderman.
What happens to a father's estate without a will in Pennsylvainia?
The estate will be distributed according to the Pennsylvania Intestacy Statute.
What happens with a life estate when the property is sold while the property owner is still alive. Is it automatically revoked?
Nothing happens to the life estate. The life estate remains as long as the person who holds it is still living. Any sale is based on the existence of the life estate. However, if the life estate has not vested, as in the life estate was to be left in a will and they haven't died yet, then the life estate is void.
What happens to ownership of a car on death?
It is a part of the estate.
