answersLogoWhite

0

🏘

Probate

Probate is the process and the type of court that handles the evaluation of an estate. This includes the inventory and the subsequent liquidation through settling debts and the transfer of property.

2,421 Questions

Can you buy a probate house for any price?

The estate has to sell the house for a fair market price. They cannot sell it at a discount.

Can probate court approve a administrator to sell home?

Yes. Laws vary so you need to check the laws in your jurisdiction. Generally, an administrator of an estate, once they have been appointed by the court, can request a license to sell the real estate. In fact, generally, the administrator must obtain a license to obtain the authority to sell.

Is a marriage in Cuba legal in NY?

If the marriage in Cuba was a legal marriage then yes it is legal in NY

How do you find current life insurance policy or past in your name?

If it is in your name, than you have had to pay for it. Look through your bills and see if you have a check made out to an insurance company. There are over 500 Life Insurance companies in the United States so it wil be a tast. You could call the top 20 and give them your Social Security number and they can check their records that way. To avoid this in the future, you could register on http://www.findyourpolicy.com Michael FindYourPolicy.com

What rights does a sibling have when another sister has poa but you can prove they intended and did fraud?

The person harmed (likely the principal) can sue for breach of fiduciary duty. I'm not sure the sibling has any standing, unless it's for tortious interference with inheritance rights.

Your husband passed away leaving you everythig in his will he died of asbestos and they are now the attonery pursueing a wrongful death case how this change what you are intitled to?

It should not affect your inheritance from his will at all - you inherit from your deceased husband everything he wanted to leave you. As far as the wrongful death suit is concerned, you will probably still be entitled to receive something, but because you are now a survivor of the victim, and NOT the principal victim, it may be reduced. You may want to contact the law firm bringing the action.

Can someone be the executor of a parent's will at age eighteen?

Yes, however it is strictly up to te individual state to determine the age for an executor so you must check that particular state's laws to be absolutely certain. Virtually every, if not all, states do allow this since the age of majority for virtually every function, except using alcoholic beverages, is eighteen.

If one of the executors of the will dies before the person who made the will and he is also a beneficiary does his share go to his wife?

It depends on how the will was written. There may be a survivorship clause. This would indicate that someone had to survive the deceased by a certain number of days in order to inherit. It was intended to avoid having estate monies going through probate twice in one years.

What are the laws in Texas when someone dies without a will?

== == Texas intestate succession laws are quite complicated, especially when they pertain to married couples -- Texas being a community property state. Professor G. Beyer teaches at TTU school of law and has a very informative site concerning such issues. http://www.professorbeyer.com It depends on the size and nature of the estate. If it's just real estate, an affidavit of heirship, signed by two disinterested persons and recorded in the county deed records, is sufficient. Sometimes a small estate affidavit will do, or perhaps an application for order of no administration. Larger estates would likely need an heirship proceeding and administration. If all distributees are adults and agree, the administration can be independent of court supervision, other than determining heirs, appointing the administrator, and approving an inventory.

Are executors of an estate who are also beneficiaries required to provide the other beneficiaries with an annual report?

Yes, you can request this through the lawyers. Executors (males) Executrix (female) are performing a duty and they have to account for every cent in that Estate. If the beneficiaries want to know what is going on they should not only have a copy of the Will given to them, but the Executor should be keeping some type of bookwork or journal as to what outstandings bills they are paying for the deceased. NOTE: Jewelry and personal effects of say the mother going to her daughters can be distributed before Probate. Marcy

What happens to the assets of a beneficiary's estate with a will?

The question is asked a little awkwardly. Most people intend to ask how the deceased individuals assets are dealt with not the recipients/beneficiaries. However, the assets of a beneficiary's estate should increase since they are receiving assets from a deceased individual.

Also, if a beneficiary is deceased their assets, including any inheritance, will pass to their own beneficiaries under the terms of their will.

Can the primary care giver of a person take possession of their property when they die?

No. Possessions pass to whoever is named in the will under control of the executor of the will.

This will normally be a close family relative.

The care giver has no specific right. (But, of course the care giver may be named as the executor.)

Is there a time limit in Illinois for an executor to settle an estate if no time period is specified in the will?

No....i was an executor in Illinois and it took over 4 years to settle the estate. If the lawyer has other matters to attend to and you dont push for an end you can go for quite awhile. Most good lawyers will have the estate tied up within 6 months.

If a single parent dies intestate do the children have to file probate?

If the parent is the sole owner of any property at the time of death their estate must be probated.

Does a will have to be filed in probate in the state of Georgia?

A will in Georgia is required to go through probate. That makes sure all of the legal requirements are met and taxes paid.

What can heirs of an estate do if the executors refuse to have items appraised as stated in the will?

Return to the court that appointed the executor and petition to have the executor removed and a new one appointed.

How long does my sister administrator have to settle my Dad's estate?

There is no mandated time frame. She has to settle the estate, including the debts and inventory of assets, as well as taxes.

Can credit card collect legal fees after death?

Yes, the estate of the deceased is responsible for all debts, including the collection of legal fees as allowed by judgment or law.

Your mom passed last year and had no property She had 1k in a debit account and they are requesting you fax over a executer of estate form in order to have the funds released How do you get the form?

Normally you go to a probate judge to get it. You shold take a copy of her will if she has one and a copy of her death certificate. The form you want is a standard form you receive from the court after the judge OKs it. You may need to go through a few steps, such as list a notice of her death in a newspaper, which may have been already done by whoever disposed of her remains, (that is standard and most newspapers do not charge for just the name and date of death), and make a list of any debts. You may also need to make a list of the other people who will share the money (brothers and sisters, or to pay her debts). You should take all that with you. There will be a charge to see the probate judge. You can call and see how much it will be. There will also be a charge to get the form. Anytime you deal with the government, there is a charge.

In NC is the step grandchildren of an heir entitled to to his share of the sale of estate property?

It depends on what the will says. It must specify that natural grand children and step grandchildren are to be treated the same in order for the step grandchild to get any inheritance. The question seems to indicate that the inheritor is still living and is garnering assets bu being named a beneficiary of a will. If such is the case, the named party is not legally bound to share an inheritance with anyone unless said inheritor is married and lives in a community property state. Be that as it may, as noted stepchildren or grandchildren would have to be named in a will as recipients before they would be entitled to any assets or property. The law considers such persons as being "removed from the bloodline" and would only be considered under probation succession laws if there were no other surviving blood relations.

Can a executor get paid their fee if the estate is not approved but its closed?

Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.

Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.

Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.

Generally: Yes. Paying their own fee from the estate, as well as distribution, must be done before the estate is closed. The executor's fee is set by law and will appear in the final account. As long as the fee is properly assessed and listed in the final account, the court will approve the final account and at that time the estate is closed. All the executor's duties must be completed before the estate can be closed.

What does upon trust mean in a will?

In a will, a trust is when one or more individuals hold the legal rights to the deceased's properties or anything of value. The trust is usually split between all those involved in the legal relationship.

Does an administrator for a estate probate have a legal duty to keep heirs-at-law informed on status of probate?

There is no legal duty to issue updates. However, it is so easy to keep in touch with email that it should be done as a courtesy. The heirs should request that the administrator send out an email periodically to apprise them of the status of the administration. If the Administrator isn't keen on that idea, anyone can visit the probate court and request the file. A quick review will tell you what has been filed and if the probate is moving along. If it appears the Administrator isn't settling the estate with expediency you can complain to the Administrator and if there is no response then you can petition the court to compel the Administrator to act or to appoint a replacement.

What is the deadline for filing estate inventory to probate in Minnesota?

The short--and slightly incomplete--answer is six months from your appointment as personal representative (or, if longer, nine months from the date of death of decedent).

Minnesota Statutes § 524.3-706 states:

"Within six months after appointment, or nine months after the death of the decedent, whichever is later, a personal representative, who is not a special administrator or a successor to another representative who has previously discharged this duty, shall prepare and file or mail an inventory of property owned by the decedent at the time of death, listing it with reasonable detail, and indicating as to each listed item, its fair market value as of the date of the decedent's death, and the type and amount of any encumbrance that may exist with reference to any item."

The statute is clear about who you have to mail or otherwise "serve" with the Inventory. The statute is not completely clear about the need to file the Inventory. Some counties do actually require filing; some leave counties leave it up to you to decide (as long as you comply with all other requirements). I would typically suggest that a person err on the side of filing.

Trending Questions
If a wife dies with c-card debt only in her name with no will is spouse responsible to pay the debt and if he cant can they seize joint property to do so like a home that's paid for? During the caveat does executor have power to act? Will the life insurance policies also be part of the probate file? When a father dies without a will do his minor children have rights to his estate or do his parents? Can you adopt someone over 18 and make them an heir to your estate? Can a will or trust be probated before trustees decease? Does an executor have the right to a fee after probate on the sale of a property? How would the administrator of an estate get a clear title of the house? What happens after probate if a house is involved and a beneficiary wants to keep it? My father did not have a will how do I become the executor? When was Court of Probate created? How does inheritance get distributed when there is no will in place? Is life insurance an asset? If an estate has been in probate eleven years and is now being disbursed can a beneficiary collect interest? When you die will your daughter who was adopted by your sister inherit your property? Can you contest the executor fee? Does the bank still collect from a deceased co signers estate if the property was sold? How long does it take for an executor to settle a trust and dispence assets to beneficiaries? The executor of an estate is being sued and deposed by one beneficiary should the other beeneficiaries be present at the deposition? Can you go from probate court straight to the bank to withdraw funds that were frozen until probate?