Wills

No, you do not have to make a new will. You could make a codicil to appoint a new executor, an amendment to the existing will. Or the court will appoint one when the will is submitted to probate.

You can read a brief description of probate law in Barbados at the related link below.

Yes. A person can devise their sole property by will in most jurisdictions. A husband does not need his wife's consent to leave his antique car to his brother. A wife doesn't need her husband's consent to leave her solely owned mountain cabin to her sister. However, one spouse cannot completely disinherit the other in most states except Louisiana and one spouse cannot leave property owned by survivorship to any third party.

You can only sue the estate for the actions of the estate/executor. Any right to sue the individual expires when the individual dies.

80-91-29 is the sort code for Bank of Scotland, University of Stirling Branch.

Generally the Will would win.

Generally the Will would win.

Generally the Will would win.

Generally the Will would win.

I would say no. Social Security payments depend on your lifetime employment payments. Medicare in health benefits help by the government. An inheritance, depending upon how much it is, might effect your income taxes, depending upon the amount.

The only person who can remove a beneficiary is the testator or a judge by a court order.

The only person who can remove a beneficiary is the testator or a judge by a court order.

The only person who can remove a beneficiary is the testator or a judge by a court order.

The only person who can remove a beneficiary is the testator or a judge by a court order.

That will depend on the will. There is nothing to prevent the executor from being left something, and they can collect a fee from the estate.

Generally a joint executor would have as much power as any other joint executor, meaning they had BETTER get organized and communicate about what needs to be done and who will be doing it.

You do not have the power to do so. Only the court can appoint an executor.

There should not be a problem as long as everything is properly documented. The loan will count against their portion of the estate. If there is not enough money in the estate to pay the debts, they will have to pay them back.

You need to review the provisions in the trust. The proceeds belong to the trust and would be paid over to the trustee. The provisions of the trust will tell you if the trustee can use the proceeds to purchase another property in the name of the trust.

You need to review the provisions in the trust. The proceeds belong to the trust and would be paid over to the trustee. The provisions of the trust will tell you if the trustee can use the proceeds to purchase another property in the name of the trust.

You need to review the provisions in the trust. The proceeds belong to the trust and would be paid over to the trustee. The provisions of the trust will tell you if the trustee can use the proceeds to purchase another property in the name of the trust.

You need to review the provisions in the trust. The proceeds belong to the trust and would be paid over to the trustee. The provisions of the trust will tell you if the trustee can use the proceeds to purchase another property in the name of the trust.

The executor is responsible for executing the will. The approval of the beneficiaries is not a requirement.

If they know that the person exists, then they establish a trust on behalf of that person. The court will have to approve the trust. If there is no known beneficiary, the estate will escheat to the state.

You should make an appointment with an attorney who specializes in probate and estate planning. Think about what you want to have in your Will and make some very clear notes so that the meeting won't take too long. A Will and testamentary trust is really not a do-it-yourself project unless you have been to law school and know exactly how to research what you want to do. It is common for self written testamentary documents to be so poorly written that they do not make legal sense and the court must intervene. In the end, the costs are much higher than it is to have it drafted properly by a professional in the first place.

Yes a company can be appointed as executor. Banks are often asked to handle the estate.

Look at the bottom left corner of your checks. If you have a Personal account the first sequence of numbers, usually a nine-digit number, is your ABA (American Bankers Association) routing number. If you have a Business account the ABA number will follow the six-digit check number at the bottom of the check. The ABA number is also known as a Routing and Transit Number, RTN, or bank number. It was established by the American Bankers Association to identify the accountholder's bank

Once a Will is filed for probate it becomes a public record. You can visit the court, request the file and read the Will. You can also obtain a copy for your records.

A certificate of deposit is a type of savings certificate that entitles the owner to collect the balance including interest after its maturity date. A certificate of deposit in and of itself does not avoid probate. However, depending on how the certificate is titled, probate may be avoided by adding a beneficiary to the account. The owner of the certificate can name a "payable on death" beneficiary to the account at the time the certificate is issued.

It is now Mutual of America Life Insurance.

Not clear why an executor would be interested in any property that is jointly owned, with right of survivorship, as it would not be part of the decedent's estate.

The executor does not have any rights or responsibilities before the person dies. Being paid makes no sense and is not a legal right.