0
What else can I help you with?
What is another word for inheritance?
legacy, heritage, gift, estate, devise, birthright, bequest
How do you find the answer an estate is divided 54 to spouse 18 to his children 16 to his grandchildren his college received 79000 how moch did the children receive?
To determine how much the children received, first sum the parts of the estate: 54 (spouse) + 18 (children) + 16 (grandchildren) = 88 parts in total. The total amount allocated to the estate is $79,000. The children's share is calculated as (18/88) of $79,000, which equals approximately $18,068.18.
Can you benchmark an index against another index?
Investors use an index as a point of reference to compare how well their investments are doing. For example, an investor holding individual common stocks can compare his performance to a wide based benchmark index such as the S&P 500. An investor can also benchmark one index against another to compare relative performance of a specific stock market sector. For example, a benchmark index for gold can be compared to a benchmark index for oil or real estate to evaluate the relative performance return of each sector.
A real-estate agent earned a commission of 4300 on the sale of an 86000 house. Which statement below identifies a commission that is at the same rate?
A commission of $2,600 on the sale of a $52,000 house.
What is lot area?
In real estate, lot area is the size of a plot of land, usually rendered in square feet or meters. This is contrasted with floor area, which is the size of the footprints of any buildings on the lot.
The whole estate is in trust for the daughter of the deceased who is responsible for the credit card debts?
If the will provides that the estate shall be held in trust for a daughter that is called a testamentary trust. By law, the debts of the decedent will be paid first out of the assets of the estate. After the debts have been paid any remaining assets will then be transferred to the trust for the benefit of the daughter.
When a person dies is the remaining daughter responsible for the debt of credit cards?
No. The deceased person's estate is liable for any of the debts of that person, but heirs are not liable for debts if the assets in the estate are not enough to cover the debts.
If you are listed as an heir to your uncle's estate in an unsigned Will can you still be an heir if there is no will and he has a daughter?
Very doubtful. The daughter is entitled to the estate if there is no will.
How do you cash your deceased daughter's last paycheck?
An estate has to be opened for your deceased daughter. That check will be deposited into the estate account. You need to consult an attorney about an estate if you haven't do so already.
Is a CD part of the estate when it's found after the closing?
Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.Yes. If the CD is the sole property of the decedent with no beneficiary listed the estate must be reopened with a newly appointed estate representative to collect and distribute the remaining property.
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.
Father left no will how is estate divided in New York State when there is a step mother and biolgical children involved?
In New York, United States, the estate will be divided amongst the spouse and the biological children. The spouse will receive the first 50,000 dollars of the estate. The remaining amount will be divided among the biological children.
Your father owns a real estate titled joint tenancy with his daughter if he dies will the estate pass on to his wife or his daughter?
I think the estate will be passed onto his daughter since the real estate entitled joint tenancy with his daughter. The surviving wife will, however, have a very strong case if the father dies intestate (without a will). Get Dad down to a good property lawyer and be prepared to spend $1000 or so. Well worth it, daughter.
Can a life estate be included in the holder's will?
A life estate is extinguished upon the death of the holder. There is no remaining interest that can be passed by will.
What is amount in a real estate market?
amount of what?amount of what?amount of what?amount of what?
If the child who has been given a house with a parent having lifetime right of occupacy and the daughter has to go to a nursing home and becomes indigent is the house part of the daughter's estate?
Generally, the daughter would own the fee in the property subject to the mother's life estate. So the answer is yes, the property would be part of the daughter's estate.
When a divorced father passes away and there's only a living will a small life insurance policy for the funeral and Daughter is made power of attorney is she responsible for remaining medical bill?
She is not responsible for the medical bill as long as the didn't sign at the hospital saying she was the responsible party. Was the daughter the beneficiary of the life insurance policy? If the beneficiary of the policy was the estate of the insured then the hospital can file a lien against the estate and life insurance to cover the medical bills. If the beneficiary was a funeral home to pay for a prearranged funeral then the hospital cannot attach the policy proceeds. If the beneficiary was the daughter directly then the hospital cannot claim the life insurance proceeds. However, this leaves the daughter with no obligation to use the entire amount for funeral arrangements.
