Estates

If there has been a change in ownership the bank should be notified. They will need to make some changes in the account and will want proof of death and proof that the title to the property passed to the surviving spouse. In this economic climate the bank should be satisfied to allow you to take over the mortgage. You may want to speak with a local attorney who specializes in real estate transactions. She/he may be able to facilitate the negotiation with the bank for you.

Not if they are reimbursed from the estate. If not, they may be eligible to be credited against the inheritance income.

poopy head i think

The money would go into their estate and would pass according to their will. If there is no will the money would pass as intestate property according to the laws of intestacy where the estate is probated.

chatsworth

sue

No No

That equal treatment didn't happen all at once. In England the eldest son inherited. That system is called primogeniture and it never became widely used in Colonial America. However, there were different systems used in different colonies. By the 1600s most of the New England colonies and Pennsylvania allowed the children to share intestate property. In certain areas the oldest son received a double share. Southern colonies continued to favor the British intestacy rules. Thomas Jefferson railed against primogeniture and led the fight to remove it from the American scene altogether. After the Revolutionary War inheritance shared equally by siblings spread to all the states and the double share to the eldest son disappeared. (Louisiana intestacy law is unique in that it is based on French Law.) A wife did not become an heir of her husband until the twentieth century in some states.

What is an insurance bond certificate?

If your grandmother was the SOLE owner of the property when she died then she was able to devise the property to you in her will. If that is the case then her will would need to be probated in order for the title to the property to pass to you and your father's deed to himself and others would be null and void. However, you said that your father was on the original deed. If your father's name was on the deed to the property as the sole owner then he owned the property and your grandmother couldn't devise it to you in her will. In that case the gift to you in the will would be null and void. You can verify who was the last legal owner by deed by checking the records at your local land records office. You need to check your father's name in the "grantee" index to determine if there is a deed to him dated before your grandmother's death. You may find that your grandmother conveyed her property to your father by signing a deed. For any further questions or to add details please use the discussion page.

The grantee should be recited as, " . . . to William Edward as trustee of the Eagle's Nest Revocable Trust as set forth in a Declaration of Trust Dated November 11, 2008". See also the related question below.

The estate is responsible for the decedent's credit card debt.

Any property acquired during marriage

Inheritance laws vary from state to state and depend upon the value of the property. In general, the surviving spouse and children inherit. You should talk to a lawyer or the Office of the Register of Wills for your region for more information.

The Moirae:

Clotho

Lachesis

Atropos

You cannot cash such a check unless you have been duly appointed by the court as the Executor or Administrator of the estate.

That depends on the reason for the objection. A spouse may contest the will for objections regarding the validity of the will. When a spouse is disinherited or would receive a larger portion under the laws that govern intestate estates, that spouse can usually file a claim with the judge for an intestate share depending on the laws in your jurisdiction.

If the person granted power of attorney and executor dies before the grantee, then the power of attorney is terminated, and the grantee would not be able to rely on the power of attorney anymore. The executor's role would typically be carried out by an alternate executor named in the will, or the court may appoint a new executor if there is no alternate named. It is important to regularly review and update estate planning documents to ensure contingency plans are in place.

If there was a Will made by the husband..and in that Will the husband left out the wife..then this matter would stay as is..and the wife will have to find other avenues to convince a judge by contesting the Will.If no Will is present,then this matter is dealt under the intestacy rules,and usually a probate,and the wife will have to prove her right to the Court. Life insurance alongwith all other estate matters are usually dealt within the Will in question..unless specific instructions in the Will have been left ,seperating the Life Insurance benefits from the Will. Take advice from a local lawyer.

If the estate was filed through probate there is a statutory period that varies from state to state during which creditors may make a claim against the estate. Once the estate has been closed you should check with the attorney who handled the estate before paying any bills you receive.

No. Deeds are not "issued". Once a life estate is granted by deed the grantee is the only person who can release it unless there was language in the original grant that limited it. You need to get a deed from the owner of the life estate in order to clear the title to the property. Otherwise, the life estate will not be extinguished until their death.

No. Until a testator dies their will is private and no one is entitled to access to it.

No. calculate the taxable estate of the deceased. Determine the estate tax the taxable estate. Add the gift taxes on lifetime gifts after 1976. This is the GROSS ESTATE TAX.

Deduct the unified credit from the gross estate tax - this is the estate tax. If its, zero or less - there is no estate tax.

You need to review the document that created the trust. It should contain instructions regarding the appointment of successor trustees. The trustees and beneficiaries may only exercise the powers set forth in the trust document. If this issue is not addressed in the trust document then perhaps the trustees can draft an amendment that would allow the appointment of a successor trustee. Of course, the power for the trustees to amend the trust would have to be recited in the trust document. If the trust document is poorly drafted and does not contain the answers then the matter may need to be brought before a court of jurisdiction. You should seek the advice of an attorney who specializes in trust law to help solve your dilemma.