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The estate of a decedent is distributed by the court appointed fiduciary for the estate. If the decedent made a will the court will appoint an executor. If the decedent had no will the court will appoint an Administrator.
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What happens to a deceased's estate if there's no will?
In most countries the state takes over the estate and distributes it to the deceased's relatives in accordance with the law. If no relatives can be found the estate becomes the property of the state.
Can a living estate be probated?
No. Probate is a judicial procedure that distributes the estate of a person who has died. A living estate is all the property owned by a living person.
Who protects a deceased person's property?
The executor of the estate.
Is a deceased person's furniture taxable?
The value of the furniture forms part of the deceased person's estate. If that estate is liable to taxation in the country in which you live, then yes tax would have to be payed on it.
Who files tax return for a deceased person?
The executor of the estate files the tax return for the deceased.
Can a deceased person be sued for injuries suffered in a car crash he caused and if no estate has been opened?
You cannot sue a dead person but you can file a claim against the deceased individual's estate. If no estate has been opened, you can petition the court to open an estate.
If a person has been granted the administration of estate of the deceased is he or she obligated to pay the deceased debts?
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Can your deceased mothers life estate property be reversed?
A deceased person could have their life estate property revised. It is best to seek the advice and assistance of a lawyer.
What does the executor of a will do if someone mentioned in will is deceased?
They will look to the wording of the will. It should specify whether that share goes into the general estate or to the deceased named person's estate or heirs.
How does probate handle the sale of a home?
If the person who owned the home is now deceased, that person's estate must be probated before the home can be sold. Probate is what authorizes someone representing the estate of the deceased person to sell the home.
Tax on all real and personal property of a deceased person is?
estate
What are the UK laws regarding the debts of a deceased person Who pays them off?
The estate of the deceased is responsible for paying all the deceased's lawful debts.
