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Probate

Probate is the process and the type of court that handles the evaluation of an estate. This includes the inventory and the subsequent liquidation through settling debts and the transfer of property.

2,421 Questions

What are creditors rights after death of debtor and probate assets are insufficient?

The estate is responsible for payment of debts. If the estate is insufficient it is deemed to be insolvent and the creditor is out of luck.

What fee can an executor of an estate charge in California?

I practice in California. I will tell you how it works generally in CA.

In CA, the deceased names the executor in their will. If the named executor declines, then any other interested person can petition the court to be named executor. The named executor has 30 days after notice of the death of the decedent or they can be deemed to have waived the right to appointment as personal representative.

If there is no will/executor, the public administrator in the county where the estate will be administered will petition the court to be named as the public administrator (i.e. executor). The public administrator, as well as the attorney for the public admininstrator, is entitled to the same statutory fees as a private executor. In CA the fees are set forth as a tiered percentage of the gross estate value.

For an estate valued at $200k, the percentage is 4% of the first $100,000, 3% of the next $100,000, and 2% of the next $800,000.

As to whom to select, there are pros and cons as you probably guessed. A family member may know the family better, and may know the deceased person's wishes better. A family member may also keep administrative fees down. But, a family member may not be experienced with handling estates, or may not be impartial. A public adminstrator may not know the family as well, may incur higher administrative fees, but has experience in adminstering estates, and has no emotional bias.

Am I entitled to Time off work for my mothers funeral if so how much time and would it be paid or unpaid?

That will depend on your employment agreement. Most employers are not going to prevent someone from going to their own mother's funeral.

You've been appointed POA over your mothers estate and she passed away. Can you view the paperwork on the internet?

First, you cannot operate under a power of attorney because once the principal is deceased a POA is extinguished. You need to petition the probate court to be appointed the administrator of the estate. You need to review the case file at the court.

First, you cannot operate under a power of attorney because once the principal is deceased a POA is extinguished. You need to petition the probate court to be appointed the administrator of the estate. You need to review the case file at the court.

First, you cannot operate under a power of attorney because once the principal is deceased a POA is extinguished. You need to petition the probate court to be appointed the administrator of the estate. You need to review the case file at the court.

First, you cannot operate under a power of attorney because once the principal is deceased a POA is extinguished. You need to petition the probate court to be appointed the administrator of the estate. You need to review the case file at the court.

How do you respond to a denial of claim of inheritance?

You can contest the will if there is one. You will need to consult a probate attorney for your options in your jurisdiction.

What are the qualifications for an executor of a will?

An executor of a will is responsible in distributing the property according to the twill. Qualifications for an executor include being over the age of 18, not have committed fraud or wrongfully neglected the estate, not be a business partner if another person with an interest in the business objects, not be subject to a conservatorship and to be a US resident.

If you are poa for your mother and she dies can you get money from her bank account to help with funeral cost?

Strictly speaking , no, you can't. By law, the POA that gave you authority to handle your mother's accounts became ineffective immediately upon her death. Using the POA after the death of the person who issued it is illegal.

How do you find out what to do when your father dies intestate?

The easiest thing is to contact a probate lawyer. They know the process and the requirements. You can also go to the courthouse and ask for a probate packet. It should contain all of the necessary forms for opening an estate.

In probate what does the intestacy statute mean?

It is the law for the jurisdiction that specifies how an estate is divided if there is no will.

Can the executor of a will force the sale of a property at a low price to benefit his business He is part of a consortium offering to buy the house at a low price Is this legal in Scotland?

They can only sell at a court approved price that reflects the real value of the property. There may be a conflict of interest. I'd consult another attorney.

What form legally indicates who is the executor of an estate?

The Letter of Authority signed by the probate court.

How do I get a letter of testamentary to close my deceased brother's small bank account?

That would normally be obtained through the court that handled the probate.

Can a executor change a will and split it 5050 with anouther person when the will does not state that?

No. Executors must carry out the terms of the will as they are written with this exception: The beneficiaries may agree amongst themselves to divide the estate in a manner other than that in the will. This is just recognition of the fact that people can make gifts as they see fit. This does not give an executor power to do that. The beneficiaries do it and instruct the executor to make the distribution the way they want to.

Your father left a will but it has gone to probate why?

A will must "go to probate" in order to be declared legal and enforceable. Going to probate means having the will proved as a valid last will and testament according to the applicable state laws.

Who's responsible for claims made against the estate?

The executor or administrator, but only to the extent of assets in the estate.

If a house hasn't gone though probate is there a time period to retrieving a house that was willed to you?

The house MUST go through the probate process in order for title to pass to you. The will must be presented to the probate court for allowance and the court must appoint an executor. When the probate process has been completed you will be the owner of the property.

Can a co-executor choose to drop out after a year and a half without the knowledge of the other co-executor?

No. The co-executor must file a resignation with the probate court in order to free themselves of any obligations and responsibilities in the estate and to notify the world they will no longer be serving as co-executor.

Can you first accept to become executor of the estate and then resign?

You can resign from the position upon providing a full accounting of your actions in regards to the estate.

What is evidence of probate of a will?

Evidence of probate of a will comes in the form of a judgment or order for probate and documents called Letters Testamentary. Letters Testamentary are issued by the court that admitted the will to probate. They usually state that the will was admitted to probate on a certain date and name the person who is serving as executor. The Letters will usually have an official stamp or seal of the court that probated the will so that parties dealing with the executor on behalf of the estate can be assured that the person acting as executor is in fact the legally appointed executor.

Who do i contact about Old policy from Liverpool Victoria friendly society?

Go onto LV's Homepage. Look at the bottom segment of the page to find "Life cover". In the Life cover box, click "Life Insurance". On the left hand side of the page , click "Making a claim". On that page, within the text, you will find a telephone number you can ring for claiming Old Policies. This worked for me as from September 2009.

After probate are heirs responsible for future bills received?

To begin with, the term "After probate" has no meaning for a question like this. "Probate" means the probate of the will to begin the administration of the estate. Debts presented after admission of the will to probate are payable. The real question is whether heirs are responsible for bills received after conclusion of administration of the estate and distribution made to the heirs or beneficiaries. It is possible, depending on the probate laws of the state where probate is. In New Jersey for example, heirs or beneficiaries have to sign a document acknowledging the amount of money they received and promising that if legitimate debts come to light later on, they will return a proportionate share of their inheritance. This is to recognize that legitimate debts of the decedent that would have been paid prior to distribution to the heirs and the heirs would have received a proportionately smaller share of the estate. So although they may have to return some money, they are not really losing any. No heirs are responsible to return more than their proportionate share or to pay more than they received.

How can you get your money from the executor of an unsettled estate?

The estate must be filed in probate court. The court will appoint the executor and issue Letters Testamentary. The letters provide the executor with the authority to settle the estate according to the provisions in the will and the probate laws under the supervision of the court.

The executor must publish a notice of the estate so that any unknown creditors can file a claim. There is a statutory period during which a claim may be filed that varies from state to state. The debts of the decedent must be paid before any property can be distributed to the heirs so you cannot receive any distribution at least until that statutory claim period has ended.

Once a probate has been filed it becomes a public record. You can go to the court at any time to monitor the progress of the executor and to make certain the estate is settled with expediency. The executor must file an inventory of all the property owned by the decedent, file an estate tax return, pay the debts and charges of administering the estate and then distribution can be made. You can also address any questions you have to the attorney who is handling the estate.

Trending Questions
Can an estate executer file a claim for room and board against the estate and if so would that supersede any medical claims? What rights do the non executor surviving children of deceased parents have to the estate when only one is named executor? If there is no will how much power does executor have? How can the beneficiary be removed? What is an extra copy of a document or program? Does the amendment to a will trust have to be notarized? When a wife dies in OR does Probate need to happen if the house is in a Living Trust and all other assets are either co owned or in the will with the surviving spouse named? You want to remove yourself as an executor? Can a personal representative refuse an heir access to property? When there is a joint account and two attorneys-in-fact under a POA with only one listed as the joint account owner who has authority to make transactions? Four children inherited an estate and one of them died prior to the estate being settled. Does his portion pass to his children or to his surviving siblings? If someone is the executor of estate and wants to do a modification on a loan they are not on is that an option? If you are ordered by the court to pay costs and you cannot what happens to you? Who is executor if parents die with four children and no will? What is a surviving spouse entitled to when their name is not on deed and their are two surviving children? How can someone find out what a deceased assets are in probate without contacting the executor? How old does a beneficiary have to be for to receive payment from a life insurance policy? Can a sibling of an estate sue the executrix if the estate has not settled in 3 years? Do you as beneficiary have the right to ask for bank statements and ask the appointed executor to be accountable for all money coming out of the estate prior to probate? How do you check the status of your mothers estate that is in probate?