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Yes, the executor has the authority to manage and oversee the sale of a house in a deceased estate. The executor is responsible for handling the deceased person's assets, including the sale of property, according to the terms of the will or state laws if there is no will. The executor must act in the best interest of the estate and its beneficiaries.
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Does executor of estate have right to keep house?
As the executor of an estate, you are responsible for executing the wishes outlined in the deceased person's will. If the will specifies that the house goes to a specific beneficiary, then you must follow those instructions. If there are no specific instructions, you may need to sell the house and distribute the proceeds according to the will or laws of the state.
Can four siblings over rule another with the sale of deceased parents house?
If all four siblings are listed as legal owners of the deceased parents' house, then decisions regarding its sale would typically require unanimous agreement. If one sibling is able to establish power of attorney or has been assigned as executor of the estate, they could potentially make decisions on behalf of the others, but this would depend on the specific legal arrangements in place.
Can an executor of an estate be sued for contents of deceased house when he is trying to settle debts?
Yes, an executor can be sued for the contents of a deceased person's house if there are concerns about how the estate is being managed or if debts are not being settled properly. It is important for the executor to act in accordance with their fiduciary duties and follow the legal requirements for handling the estate to avoid being sued.
Can an executor of an estate sell a house that is still in the deceased parents name in the state of Georgia?
Yes, an executor can sell a house that is still in the deceased parent's name in the state of Georgia. The executor would need to go through the probate process to obtain the legal authority to sell the property on behalf of the estate.
How do you get a copy of a will?
To get a copy of a will, you can request it from the executor or personal representative of the deceased's estate. If the will has been filed with the probate court, you can also request a copy from the court. Additionally, some states allow wills to be filed with the county clerk's office.
Can your siblings just choose to live in the house of a deceased parent if the house is empty and the estate is trying to sell it?
Legally, they cannot live in the house without the consent of the executor of the estate.
Deceased partner living in house rent free deceased children own house do we still have landlord rights?
What did the will say? Is there a will? The executor is responsible for maintaining and disposing of the estate. The executor can, if it makes sense, rent the home to someone. Once the estate is settled, whomever gets the property has the ability to do what they wish.
How do you sell a car from a deceased relative?
An action like that must be handled by the estate. If the deceased has left a will and named an executor, the executor must handle the disposal of any property. If no will was left, the courts will determine what happens to the property.
Can you sell the house owned by your brother?
No, unless you have a power of attorney from your brother. And if your brother is deceased, you would have to be the executor of the estate and have the court's permission.
Can you get homeowners insurance if the owner of the house is deceased?
Yes, The Heirs can buy the policy or the Estate executor can buy a home insurance policy.
Can an executor of an estate refuse to lower the price of house in the estate when the other two heirs request that it be lowered?
The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.The heirs cannot tell the executor what to do. If they have a complaint regarding the handling of the estate they must file it with the court and request a ruling.
Can an executor spend money from the estate to alter a house before he releases it to the beneficiaries?
An executor is charged with acting in the best interests of the deceased and adhere to the stipulations of the will. An executor may acquire money from the estate if: 1. there are specific stipulations in the will that the executor is entitled to funds as compensation for their efforts. 2. The executor is a named beneficiary of the will, a situation that often happens with couples.
If your deceased mom left you the house how do you get it in your name?
If she left you the house in the will, the executor will take care of it. Once the estate is settled, you will be issued a deed in your name. If there is no will, you will have to create an estate and things will be distributed according to the intestacy laws of your state or country.
Can the executor demand the key to my deceased mother's empty house?
Yes, the executor of your deceased mother's estate typically has the authority to request the key to her empty house to fulfill their duties, such as ensuring the property is secured and managing its assets. It is important to cooperate with the executor to facilitate the estate administration process.
Who has the power over your deceased dads house you the executor or your brother whos claiming hes the administrator of the estate?
Sounds like there is controversy over the estate. Only one of you should have a letter of authority from the court.
Is the executor of an estate paid on full value of house or what is owed?
The executor's fee is based on the value of the estate. Money owed is not a part of the estate, it is a claim against the estate.
Does executor of estate have right to keep house?
As the executor of an estate, you are responsible for executing the wishes outlined in the deceased person's will. If the will specifies that the house goes to a specific beneficiary, then you must follow those instructions. If there are no specific instructions, you may need to sell the house and distribute the proceeds according to the will or laws of the state.
