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I am a beneficiary of my grandfathers will the executors tell me there's no money left even though a quarter of his estate was left to me in his will which I have a copy of?
Wiki User
∙ 10y ago
The debts have to be resolved before any distribution can be made. If there is nothing left after paying the bills, there is nothing to give you.
Wiki User
∙ 10y ago
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Can a beneficiary be deleted by the executors of a will?
No. The executors' duty is to follow the instructions set out in the will. They can't voluntarily remove a beneficiary, however it may be that debts incurred by the estate reduced the amount to be distributed. Some of the beneficiaries may not receive anything due to this.
How can i obtain a copy of a dead person's will as i am a beneficiary of the estate?
How do you know that you are the beneficiary if you do not have a copy of the Will! Wills are usually lodged with solicitors or with the executor(s) of the Will. The executors must have the original Will document and are responsible for putting the Will/Estate through probate. At this point the Will becomes a public record (that anyone can see) and the executors are then supposed to divide up the estate as specified by the will, ensuring the beneficiaries get their legacies. I no will can be found, then you countries "intestate" rules will apply regarding beneficiaries of the estate.
When a proprty is sold do both executors get the money?
Executors do not get the money, it goes to the estate. The executors distribute the estate per the will or laws of intestacy.
Can a beneficiary force the sale of a property when executor years ends if the other beneficiaries disagree?
Type your answer here... Can a beneficiary force executors to wind up an estate, or ask them to buy him out in respect of a property being involved
What happens if both executors order the solicitor to settle the estate and one beneficiary refuses to sign release?
Generally, the parties may proceed, providing evidence the beneficiary was paid and asking the court to approve the final account. The executors could file a motion asking for a ruling that the beneficiary was paid and the court's decision would remain in the file as a public record. However, someone more familiar with the laws of England may provide a more definite answer.
What percentage of executors or administrators charge the estate?
There are no clear numbers on the percentage of executors that charge the estate for their services. Estimates put this number at anywhere from 40 to 75 percent.
Is an executor of a will able to handle the estate of a beificiary?
No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.No. If the beneficiary dies their estate must be probated in a separate action.
Can a beneficiary sell the estate?
A beneficiary does not have the right to sell the estate. Only the executor can sell property.
Executors fee is based on a percent of what?
There is no fixed rule. Every company is different, it could be of the gross estate, it could be of the net estate, it could be of the property value. It could be anything, consult the executors
What happens is a beneficiary die's but there are other beneificiaries before an estate is settled?
The beneficiary's share goes into their own estate.
How does a beneficiary know if he has to add this money to an estate?
The only reason a beneficiary would add money to an estate would be if they owed money to the estate at the death of the deceased.
Can an estate be a contingent beneficiary?
Yes.
