Do you have the right to know now where the estate money is being spent?
Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.
Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.
Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.
Once an estate is filed it becomes a public record. The executor must file an inventory of all the assets and at the endof the probate process must file an accounting of any assets that were spent or distributed. You can visit the court and ask to see the file. If a long period of time has passed (over a year) and no account has been filed you can ask the court to compel the executor to file an account if you are an interested party.
You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.
You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.
You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.
You haven't explained what the "beneficiary funds" consisted of or where you got them. If the funds came from a joint account with you and the decedent or from a "payable on death" account with you as the beneficiary the funds are not part of the probate estate. You should visit the court where the probate was filed immediately if you think you are a victim of fraud by the administrator. You can file a motion to have your question answered after a review by the court. If the administrator is mishandling the estate she can be removed and replaced by the court.
an administrator is when a company is in big financial debt, they might go to court about and then the judge will issue them an administrator to help them with there financial problems
Can a trust be changed by an incompetent trust maker?
No. However, the trustor must be declared incompetent by a court.
No. However, the trustor must be declared incompetent by a court.
No. However, the trustor must be declared incompetent by a court.
No. However, the trustor must be declared incompetent by a court.
When a trustee dies does the beneficiary of the trust get notified of what is in the trust?
Not necessarily, another trustee will be appointed.
Is international Fund Transfer Clearance Dept A Fraud?
Yes,
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Can you protest the appointment of an executor of an estate with no will?
An administrator or personal representative is appointed when there is no will.
Yes, you can object is you are an interested party to the estate but you must be prepared to explain your objection to the court. The court will hear the objection and make a ruling. Unless you have a very good reason the appointment will be allowed.
An administrator or personal representative is appointed when there is no will.
Yes, you can object is you are an interested party to the estate but you must be prepared to explain your objection to the court. The court will hear the objection and make a ruling. Unless you have a very good reason the appointment will be allowed.
An administrator or personal representative is appointed when there is no will.
Yes, you can object is you are an interested party to the estate but you must be prepared to explain your objection to the court. The court will hear the objection and make a ruling. Unless you have a very good reason the appointment will be allowed.
An administrator or personal representative is appointed when there is no will.
Yes, you can object is you are an interested party to the estate but you must be prepared to explain your objection to the court. The court will hear the objection and make a ruling. Unless you have a very good reason the appointment will be allowed.
What happens if the beneficiary of a california living trust dies before the estate is settled?
There is a disconnect here. A living trust is not related to an estate. The wording of the trust and perhaps the will associated with the individual will determine what the expectations are.
What do you call a woman or girl that will inherit property?
a woman or girl who will inherit property is called a heiress
The estate gets the furnature. The executor of the estate will then distribute it according to the intestacy laws once the debts are resolved.
Does estate money belong to both husband and wife?
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
What percent is a daughter-in-law entitled when her husband has died and they have no children?
The daughter-in-law is entitled to the widow's portion of her husband's estate, if local law establishes such an entitlement. Her entitlement to a portion of the estate of the parents of a dead husband where there are no children is probably nothing under intestacy laws, depending on the jurisdiction. Even if there are children, the inheritance may go to the children, with the daughter-in-law serving only as a trustee of their inheritance, not to the woman herself.
If there is a will, it will be dependent on how it was written.
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What is the term used to desribe situation when person dies without a valid will?
The term is 'intestate'.
The property owned by a trust is the trust res.
The property owned by a trust is the trust res.
The property owned by a trust is the trust res.
The property owned by a trust is the trust res.
What happens to deceased personal effects left in apartment?
Normally, when a person dies, some person or persons will inherit the possessions of the deceased person. This is easier to figure out if there is a will. If there is no will, the courts have to rule on the matter. In some cases, there is no surviving relative who might plausibly inherit, and property (if any) will be claimed by the state. Abandoned possessions can always be turned in to the police, who can hold them until someone can prove that they own them. However, if the abandoned possessions appear to be of little value, they may just be thrown out.
Can a trustee cash an insurance check that is made out to the trustee or trust?
Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.
You need to review the document that created the trust to determine the extent of the trustees powers.
Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.
You need to review the document that created the trust to determine the extent of the trustees powers.
Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.
You need to review the document that created the trust to determine the extent of the trustees powers.
Yes. That is the purpose of having a trust. The trustee has the authority to manage the trust property. That includes cashing a check that has the trust as the payee. If the trustee could not cash that check then it could not be cashed at all.
You need to review the document that created the trust to determine the extent of the trustees powers.
What is a Special Needs Trust co-consultant?
A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.
It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.
A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.
You can read more about this topic at the link provided below
A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.
It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.
A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.
You can read more about this topic at the link provided below
A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.
It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.
A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.
You can read more about this topic at the link provided below
A "special needs trust" is established for a person under some handicap who is receiving assistance from some type of government program. The trust is set up so that they do not lose eligibility for that assistance by owning assets.
It cannot be emphasized enough that the trust must be drafted by an expert in trust law and tax law. Attorneys who specialize in trusts are generally the best choice. If properly drafted, the trust assets will not be counted for purposes of qualifying for benefits. If improperly drafted those assets could trigger a denial of government benefits until the trust assets are spent.
A special needs trust consultant would be a person who has expertise in drafting special needs trust. A co-consultant is a person who works with that consultant.
You can read more about this topic at the link provided below
How do you apply for executor of an estate with no will?
You should be able to pick up a set of probate instructions at your local courthouse, or they may be available on line. Follow the instructions and file the appropriate forms with the court and they will issue a letter of authority.
Do you have to pay income taxes on an unsettled estate?
Yes, you have to file a tax return for the estate. Any income will be reported and taxed accordingly.
Can an estate sell a car to family member for 1?
That depends on the estate. If there a outstanding debts, no, it would be seen as an effort to avoid paying debts. If the estate is liquid, they can receive the vehicle as part of their inheritance.
Who pays taxes on estate that is controlled by the executor?
The executor of an estate uses the assets of the estate to pay any taxes or other debts owed by that estate. If it should turn out that the taxes owed exceed the value of the estate, then the executor pays as much as the estate consists of, after which there is no longer an estate.