Estates

You can always transfer ownership of land. The simplest format is a Quit Claim deed. It gives any right you have to a piece of property to the grantee.

Yes. It is located on St.Andrews Ln, Jekyll Island, GA.

The laws vary from state to state, but in general, no, it is your spouse that inherits.

When a probate is filed there is a statutory period during which notice of the probate is published and creditors can file a claim for any debt owed by the decedent. You must file proof of your claim and it must be filed in a timely manner. You can contact the court to see if your claim can be filed.

You need to speak with a representative at the bank that holds the CDs to review the manner by which those CDs are titled. If you hold as a joint owner with another person your interest may automatically pass to that other person upon your death. You would need to make special arrangements with the bank if you want your interest to pass to your wife.

Generally, an irrevocable trust is titled 'irrevocable' or is designated as such somewhere in the first few paragraphs.

Go to the court house and request one. You have a right as a natural heir of your grandmother. They may charge you copying costs. Of course, this supposes that you are 18 or older.

Spouse and children are going to be first in line.

Then parents and then siblings.

Yes you should as the dead person has given you a gift.

The 'estate of the deceased' refers to all the property, real or personal, a person owned in their own name at the time of their death. That property is said to be their 'estate'. If the person left a will they are said to have died testate and their property will pass to their heirs according to the provisions of their will. If they had no will their estate will be considered to be an intestate estate and will pass to their next-of-kin according to the state laws of intestacy. An estate must be probated whether a person dies testate or intestate. As part of the probate process a notice is published that gives any creditors of the decedent an opportunity to file a claim. The debts of the decedent must be paid before any of their estate is distributed to the heirs.

Trust is as if u believe in someone when u tell them secrets that they will not backstab u!! Not Trust someone as far as you can through them!!! Because alot of people can lie!! But if you have belief and trust in them do it!!!

There is a statutory period during which creditors can file claims against an estate that has been admitted to probate. Any entity that provided medical treatment, supplies or services for the decedent may file a claim. Claims that have been properly filed must be paid before any assets can be distributed to the heirs.

Yes. If there is a deficiency owed to the bank it can file a claim against your grandmother's estate. That's what happens when you co-sign a loan for another person. You are responsible for payment of the loan.

You go to your local probate court and inquire about being appointed the Administrator of the estate. You should bring a certified copy of the death certificate with you. You should have received one from the funeral home that handled the burial. If not, then you can obtain a copy at the town clerk's office.


You may find that you need to hire an attorney who specializes in probate to handle the estate for you. She/he could help you petition to be appointed the Administrator.

It will depend a great deal on what the will says. If there is no will, and no descendants, the siblings will probably be dividing the estate equally. In that case, there should be no problem with declining one's portion and having it divided equally.

Yes, children can contest a will. As a natural heir, they have standing to contest the document. This would be a real good time to consult an attorney that specializes in probate.

New York does have an estate tax. They do not have an inheritance tax. It would be a good idea to consult a probate attorney in the Empire State of NY. They will know how to reduce the tax liabilities of the estate.

Absolutely. In fact, in any well written Will, the issue of reimbursement and reasonable compensation for time spend implimenting the directives of the will is clearing stated in the form of an Article within the body of the document. Read the Will again and see if you don't find such an Article.

Probate is typically required to legally validate a will, transfer assets, and settle the deceased person's estate. The specifics of probate laws vary by jurisdiction, so it is best to consult with a legal professional to determine if probate is necessary in a particular situation.

If the property was in the name of the decedent then it became part of the estate. If the decedent owed a debt to the nursing home for care it provided that was not covered by insurance or any government benefit the nursing home can make a claim against the estate. The estate must pay the debts of the decedent before any property can be distributed to the heirs.

Yes. Several terms are used to describe the person who transfers their property to a trust: trustor, settlor, grantor.

The story is that Cooke died without a will and his widow and former business partners fought for years over both his estate and the royalties from his music. You can read more about Sam Cooke at the related link.

No New York does not have an inheritance tax. Only 11 states do have one enacted. Seventeen states have estate taxes, but New York does not have one.

Yes, individuals receiving Supplemental Security Income (SSI) can have a special needs trust fund. Special needs trust funds are designed to help individuals with disabilities maintain their eligibility for government benefits, such as SSI, while still having access to additional financial resources for their care and support. It is important to work with a knowledgeable attorney or financial planner to set up and manage the trust fund correctly.

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