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What services does Jones Lang Lasalle offer?
Jones Lang Lasalle offers comprehensive service offering, for all types of people involved in commercial real estate. Their services are available to owners, tenants, investors and occupiers of just about any kind of commercial real estate.
What type of real estate ownership is the most all-inclusive?
Ownership in fee simple is the highest form of real property ownership.
What happens to items removed before an estate has been settled?
Items removed from an estate before it has been settled can complicate the probate process. Generally, these items may still be considered part of the estate's assets, and their removal can lead to disputes among heirs or beneficiaries. If the items were taken without the consent of the executor or the court, the individual who removed them may be required to return them or compensate the estate for their value. It’s advisable for all parties involved to seek legal guidance to navigate these situations properly.
What items are part of the residuary estate?
Assets that are not specifically devised, a devise that fails for some reason and assets that come into the estate after the death of the testator, such as an award in a lawsuit, make up the residuary estate. For example, if the testator simply left all her estate to be equally shared by her three children, they will share the entire residuary estate. She could also leave her real estate to one daughter and direct that all the rest of her estate be shared by her other two daughters. In that case, the real estate is not part of the residuary.
What is a notice of real state settlement?
It is essentially a giant spreadsheet that shows all fees and prepaid expenses involved in a real estate dealing. It too indicates the funds being exchanged between all parties involved in the transactions, including third parties such as Realtor, brokers, appraisers, title companies and others. It also shows the funds going towards setting up escrows.
Does the executor of an estate have the right to collect an unpaid debt owed to the estate?
Yes they certainly do have that right. That is the entire purpose of opening an estate, to collect all assets and pay all debts.
In the state of minnesota does the estate inherit the debt of the deceased?
That is the purpose of opening an estate. The estate has to pay all of the debts off if possible. If the estate doesn't have the assets to do so, they distribute as best they can. If the court signs off on the distribution, the debts are ended.
Are pa siblings liable for burial costs?
If you mean your father's siblings, no. If you mean your siblings not necessarily. The estate should pay all outstanding debts before any inheritances are paid out. The executor named must perform these duties and provide proof of all expenditures.
Can an executor of an estate take things from the home without consent from the other siblings?
No, an executor of an estate is legally bound to act in the best interests of the estate and its beneficiaries. Taking items from the home without consent from other siblings would likely be considered a breach of fiduciary duty and could lead to legal consequences. It is important for all decisions regarding the estate to be made transparently and with the agreement of all beneficiaries.
In NJ can an executor sell the estate's home without the signatures of all named beneficiaries?
No, an executor cannot sell the estate home without the signatures of all involved. This isn't legal or possible in New Jersey.
Does an executor need signatures from his siblings to release his property share?
The person named as the executor of a will does not need the signature of siblings to perform this function UNLESS they too are named as executors in which case the signatures of ALL the executors are required to dispose of the estate.
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.
If your parents' will left their estate to you and two siblings but your sister took a lot of personal things can she do that?
If your parents' will specified that the estate is to be divided equally among all siblings, then your sister is not entitled to take more than her share without the agreement of the other siblings. If she has taken personal belongings without consent, you may need to consult with a lawyer to address the situation legally.
What do you need to be a real estate agent?
First, you have to take professional training and development programs as well as education to ensure that you know all real estate laws, market trends, regulations and processes involved in real estate. Next step is to pass the national examination and work as a real estate salesperson under the supervision of a real estate broker.
Can siblings sell my deceased wife's inherited real estate without notifying her husband?
In most jurisdictions, siblings cannot sell inherited real estate without the consent of all co-owners, including the deceased person's spouse. If your wife inherited the property and it was not transferred solely to her siblings, you may have legal rights to be notified and to participate in the decision to sell. It's advisable to consult with an attorney to understand your specific rights and the laws applicable in your area.
What is all Pitbulls siblings?
he has no siblings
What fees does the seller pay on condo sale?
There is no standard, plus all fees are negotiable. The real estate agent involved in your transaction can explain fees to you.
