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Is there a way to avoid probate if the property's value is under a certain amount?
Yes. Generally there is an expedited process for small estates. You need to visit the probate court and inquire about the procedure in your jurisdiction. However, if there is real property, the estate must be probated in order for title to pass to the heirs legally.Yes. Generally there is an expedited process for small estates. You need to visit the probate court and inquire about the procedure in your jurisdiction. However, if there is real property, the estate must be probated in order for title to pass to the heirs legally.Yes. Generally there is an expedited process for small estates. You need to visit the probate court and inquire about the procedure in your jurisdiction. However, if there is real property, the estate must be probated in order for title to pass to the heirs legally.Yes. Generally there is an expedited process for small estates. You need to visit the probate court and inquire about the procedure in your jurisdiction. However, if there is real property, the estate must be probated in order for title to pass to the heirs legally.
How can survivors of a deceased parent obtain the deceased's assets?
The parents' estates must be probated in order for the assets to pass to the heirs legally. You need to consult with an attorney who specializes in probate law in your jurisdiction.
What happens to copyright when someone dies?
It would pass to their heirs unless other agreements were made.
Can the administrator of an estate sell property without the heirs permission in North Carolina?
Court appointed administrators of estates do not need the heirs' permission to act. They are given the authority to settle the estate according to state laws. The land may need to be sold to pay debts. In that case, the heirs can arrange to purchase the land from the estate so the debts can be paid. If you have questions about the estate administration you should contact the attorney who is handling the estate or a private attorney who can review all the details and explain your options.Court appointed administrators of estates do not need the heirs' permission to act. They are given the authority to settle the estate according to state laws. The land may need to be sold to pay debts. In that case, the heirs can arrange to purchase the land from the estate so the debts can be paid. If you have questions about the estate administration you should contact the attorney who is handling the estate or a private attorney who can review all the details and explain your options.Court appointed administrators of estates do not need the heirs' permission to act. They are given the authority to settle the estate according to state laws. The land may need to be sold to pay debts. In that case, the heirs can arrange to purchase the land from the estate so the debts can be paid. If you have questions about the estate administration you should contact the attorney who is handling the estate or a private attorney who can review all the details and explain your options.Court appointed administrators of estates do not need the heirs' permission to act. They are given the authority to settle the estate according to state laws. The land may need to be sold to pay debts. In that case, the heirs can arrange to purchase the land from the estate so the debts can be paid. If you have questions about the estate administration you should contact the attorney who is handling the estate or a private attorney who can review all the details and explain your options.
What happens if the beneiciary of a will is deceased?
That will depend on the wording of the will. It will either specify that amount is split among the others or their heirs will get it.
What happens to property of a non resident who dies without a will who is estranged from spouse.?
It passes to the decedent's heirs, the spouse of which will be one.
Who was the first second and third estates?
The First Estates was the Clergy; the Second Estates was the Aristocrats; and the Third Estates was the poor.
Do all estates need to be filed in probate?
They need to be probated so that any issues and claims can be determined and settled.AnswerYes. If the decedent owned any property their estate must be probated. The title to real property cannot pass to the heirs legally until the estate is probated.
How did the custom of dividing land among one heirs help the rich?
The custom of dividing land among heirs helped the rich maintain their wealth by allowing them to pass down assets to their children without risking the fragmentation of their holdings. By dividing the land, each heir could assume ownership of a portion of their parents' estates, preserving the family's affluence over generations.
What is the point of estates?
==One Answer== An estate is all the property both real and personal that a person leaves after death. The point of classifying property as an estate at death is for the purpose of passing ownership of the the property to the next of kin or legal heirs of the decedent.
What happens when the executor spends the estates money and does not pay bills?
They have breached their fiduciary duty. They can be held liable and prosecuted for theft.
Who is entitled to proceeds if all life estate heirs agree to sell property?
If the life estate holders agree to allow the property to be sold then they mush sign the deed and by doing that they will relinquish their life estates. The proceeds from the sale will go to the remaindermen who own the fee interest in the property. In order to encourage the life estate holders to relinquish their life interest the remaindermen may offer a part of the proceeds as an incentive.You should seek the advice of an attorney who can review your situation and explain the options.
