Estates

That depends entirely on the valuation and the amount in the estate. Someone can purchase the home for fair market value and the proceeds go into the estate. That may cover the debts.

There is no set time frame. They are required to do their best to get the most value for the property as possible.

Bank accounts do not have beneficiaries. If you are not an authorized account holder, and you would know if you are, you have not access. The estate will distribute in accordance with the will.

Yes, you can waive inheritance. Typically there is no reason to do that.

You do not have to accept an inheritance.

There are many factors involved in distibuting an estate. The larger the estate, the longer it can take to settle debts and distribute assets. The shortest period of time is normally about 9 months. It can take decades for a really big estate.

As much as she wishes. Over a specific amount will be subject to gift taxes.

The will is executed as written. Depending on the wording, their inheritance may go into their estate. Or it could then go to their issue. Or be split among the survivors. Consult a probate attorney.

Estates pay taxes on income and may have to pay inheritance taxes.

yes

Yes.

The court will appoint one, often an attorney or bank.

It depends on the terms of the will and the divorce decree. In most cases, no, the divorce removed all rights.

It would depend on the type of life estate. In most cases, they would be able to sign a lease for the length of their life.

However, in most states the remaindermen would also need to sign. It is common practice for oil companies to ask the remaindermen to ratify a lease signed by a life tenant. You should consult with an attorney who specializes in that area of law.

Yes, the IRS refund will go to the estate. No one else would be authorized to sign the check.

First. An executor has no authority until the will has been filed with the probate court they have been appointed by the court. What you describe is against the law. You should report the situation to the court and ask the court to remove that executor and appoint a successor. You should also ask the court to order restitution by the executor.

First. An executor has no authority until the will has been filed with the probate court they have been appointed by the court. What you describe is against the law. You should report the situation to the court and ask the court to remove that executor and appoint a successor. You should also ask the court to order restitution by the executor.

First. An executor has no authority until the will has been filed with the probate court they have been appointed by the court. What you describe is against the law. You should report the situation to the court and ask the court to remove that executor and appoint a successor. You should also ask the court to order restitution by the executor.

First. An executor has no authority until the will has been filed with the probate court they have been appointed by the court. What you describe is against the law. You should report the situation to the court and ask the court to remove that executor and appoint a successor. You should also ask the court to order restitution by the executor.

Once the individual is deceased, they would apply to the probate court. If there is a will, it may name an executor, if not, there is usually a form to fill out and have signed by the heirs.

It depends on a number of factors:

Are you listed in the will? If not, you probably are not entitled to anything.

If you husband has passed away, and he had children with you, you may be entitled to some of it in trust for the children.

If your husband is living, no, the inheritance belongs to him.

The court will appoint an executor and the estate will be subject to the intestate laws of the jurisdiction.

From the sale of what? The property can only be sold with the permission of the life estate holder. How much they get would depends on the deal they cut with the remainderman.

They can do whatever they wish with their rights and property.

It will depend greatly on the laws in the jurisdiction. In most cases they have the right to a third or more of the homestead. Check with a probate attorney in your jurisdiction.

It is usually not a wise decision to trust a dissembler. This is someone who is hiding their true motives or feelings behind a false appearance. In other words, they are putting on an act with the express purpose of fooling people.

They do not pay the estate attorney's fees, the estate does. If they hire their own attorney, yes, they have to pay them.

In most jurisdictions, yes. A will should always be updated after the testator gets married.

In most jurisdictions, yes. A will should always be updated after the testator gets married.

In most jurisdictions, yes. A will should always be updated after the testator gets married.

In most jurisdictions, yes. A will should always be updated after the testator gets married.