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Estates

Estates are the assets and liabilities of a deceased person, including land, personal belongings and debts.

6,325 Questions

Can the executor sell a car that was owned by the deceased?

Yes, they have that power. However, if any money (a loan) was owed on the vehicle by the deceased, the Executor, on behalf of the estate, must pay off the lienholder.

What is an executrix?

An executrix is a female executor, in the legal sense.

What is the difference between a trustee and a custodian?

A custodian is always a person; one who has charge of something (a caretaker) of a minor child's estate or an absentee landlord's property. The custodian does not hold title to the property. A trustee is often an institution such as a bank, that holds legal title to a property in order to administer it for a beneficiary, or can be a member of a board elected or appointed to direct the funds and policy of an institution. [source: this information reprinted from Answers.Com]

What happens if one of the named executors dies?

The remaining executor takes over, or the court will appoint a new one. No will shall fail because of the lack of a named executor, the court will simply appoint one.

Do you have to have a Last Will and Testament notorized?

It would be in your best interest if it was. Reason being there is no way to prove your signature after you have departed this life. Save your family the grief and unnecessary running around after you are gone - it will only take 5 minutes of your time now and save your family months or years later on.

What does demute mean?

Demute is a UK company that provides hot desks and offices let by the day. The idea is that rather than commute you should Demute i.e not commute. I'm sure there are other meanings for the word

What is testamentary instrument?

Testamentary means of or relating to a will such as a testamentary trust or testamentary guardianship. A testamentary instrument would be a will.

If a married woman with three children dies intestate how would her property be distributed?

" If there is no will , the procedure used for transferring property the deceased propert to his/her heirs is called Intestate succession. In the state of California the rules for dividing property are complex and dependent upon the relationship of kin: separate property: if the decedent has no will and leaves a spouse and one child, property is divided equally, 50-50. if there is a surviving spouse and two children, 1/3 goes to the spouse and 2/3 to the children. if there is no surviving spouse, property is divided qually among the children."

Does kin and zaku die?

yes, they were killed by orochimaru so that he can use their bodys for Edo Tensei (to put it simply, they were transformed into the first and second hokage)

So really he sacrifised them to bring back 1st and 2nd hokage to kill 3rd hokage.

How much is a Belgian Franc currently worth in Dollars?

what does a belgian dollar look likeupdate 28jan2011:The Belgian Franc (BEF) is no longer legal tender in Belgium. Belgium started using the Euro 1Jan2002.Apparently you can still exchange 100 BEF for 2.48 Euros. (http://coinmill.com/BEF_EUR.html#BEF=100)To see images of old Belgian Franc denominations, go to images.google.com and type in "belgian franc" or now "euro denominations"

How do you find out if the executor is telling the truth?

If you mean telling the truth about what is in the estate, you should ask for a written inventory of the items, bank accounts, personal property, etc. Most states have laws that provide that after a certain period of time an executor must file an inventory or at least file one if a beneficiary demands one. If you want to know whats been going on with the administration of the estate, you might be able to have the court order him to file an intermediate accounting if administration is not completed or a final accounting if administration is completed.

What happens to property removed before the will is probated?

Because the property belongs to the estate until the probate and distributions are complete, it can be seized (under court order) and placed in the custody of the executor for appraisal, safekeeping, and possible liquidation or distribution later (depending upon priorities of gifts, etc).

Interesting issues arise when the house immediately goes to possession of the executor, house title goes to one heir (often distributed early for income and liability issues for the estate), and the contents go to other heirs in due course ("Get your junk out of my house.").

Was the Zink Womanless Library ever built?

No. Although Zink stipulated in his will that it should be built because of his hatred of women, his family successfully challenged the will and the library was never started.

If you find money and no one claims it are you entitled to it?

To add to the question, I am employed at a grocery store in Ohio. On 3/11/06 , I found an envelope with money in it. I did not hesitate to turn it in to my manager. He attached a label and took notes down stating that I had found it, and what date. It now is in the safe of the store. I inquired yesterday as to whether it was claimed or not. They said no. I asked what the store policy was, and they said they don't have one, but I probably won't get it. They said it will probably just be placed in the back of the safe and left there. I said, "Oh well, it wasn't that much anyhow.", and they told me it was a decent sum of money. I would like to know if I have any rights to the money. I would rather donate it to charity than leave it sit useless in the back of a safe. Thanks

How do I protect my father's inheritance if he is not legally responsible?

You need to petition the court to be appointed your father's legal guardian. You should consult with an attorney who specializes in estate planning, elder law and probate law in your state.

Once a court-ordered DNA test establishes parentage what happens next?

If the person whose DNA was tested is determined to be the father then a child support order will be entered.

In Illinois do you have to leave all your children something in a will?

{| |- | No, you do not. If the children are minors, the court may make a change to insure that they are not left as wards of the state. You should name all of the children as natural heirs, but there is no requirement to leave them anything. |}

How can you prove your brother forged your mother's will?

by filing case against him in the court for forged documents and asking the court to examine the documents and also to call the handwriting expert to examine the documents and give the report to the court.

Can you chat with lilwayne?

yes you ca n the only thing you have to do is go to any one of there web sites and click on the fan club or go to a chating booth for celebritys and then maybe you will be able to chat

Your house is titled Joe Smith and Mary Smith Does ownership of the house go automatically to the surviving spouse?

If joe and Mary are married, and the house was bought using "Tenants in the Entirity" (which is the default for married buyers), then yes, the ownership of the house passes to the surviving spouse without any tax consequences. It's a privilege given to married people that single people do not have.

What is the lawsuit between Michael Arnone and The Dupress all about?

The lawsuit between the estate of Michael Arnone is against the current group (The Duprees) that are illegally using the trademarked group name. They have continued to use and perform under the group name (The Duprees) without permission from the estate of Arnone since Michael's death in late 2005. Michael Arnone legally registered the name "Duprees" back in 1980 and has been the sole owner of the trademark. The trademark registered name was left to his estate upon his death in 2005. This case has been in court since March 2006 and is still pending. dmarie47

What happens when brother and sister buy a house and brother dies without leaving a will or survivorship deed Does his son have any claim to house or does sister own all This is in Ohio?

The way the property is titled determines who takes ownership. If the property is titled as Joint Tenants or Joint Tenants With Right of Survivorship, the surviving person(s) named on the deed receive the entire property and it is not subject to probate distribution. If the property is titled as Tenants-In-Common, it is subject to probate distribution as required under the laws of the state in which the property is located.

What was the household income in 1870?

The average household income in 1870 was 129.00. Many people in America during this time earned less than a half dollar each work day.

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