Estate is valued at just over $1,000,000.
This depends on a few things. The Will may dictate how executor fees are paid. If it does not or there is no Will, the Clerk may allow up to five percent of the estate (receipts and disbursement). The Clerk is going to consider several factors in determining whether Commissions will be allowed and how much will be allowed. You would need to petition the Clerk of Court first before paying yourself any commissions.See question
this is a cd
In general, if there is an asset that has a person named as a beneficiary (such as a CD for example) all that would be needed is a certified death certificate to get the process started...to transfer it to the named beneficiary. I would be careful in cashing in a CD early; you may run the risk of losing the interest that has been accrued. Of course, each estate is different from the next and each institution has its own rules and regulations. You may want to just run all the details of the estate by an experienced probate attorney before you do anything, even cashing in the CD.See question
she had only 1 son here in nc.
Forgive me, but I am not clear on the actual question and whether it was an attorney that indicated the Will was not valid in North Carolina.
Did the person who died die as a resident of Nevada? If so, then the Will would need to be probated in Nevada first.
Did the person who died die as a resident of North Carolina and had a Nevada Will? If so, out of state wills may be accepted as valid here in North Carolina provided the Clerk of Court in the county where the person lived at the time of death accepts it as valid. The Clerk will review the Will to make certain that the North Carolina requirements exist. If so, then it can be valid. You may want to have it reviewed by a probate attorney with experience who can advise you on your specific situation.See question
I an not his power of attorney nor am I in his will his daughters are
As a general rule,in North Carolina, if you own a checking account as husband and wife, then at the death of either one of you, the survivor will own the entire amount outright. Unless, this account was set up specifically without rights of survivorship; this would be something the bank can confirm.
The Will can only distribute assets from your husband's estate that are in his name alone and which do not have a named beneficiary or joint tenant with rights of survivorship. Plus, North Carolina does not permit a spouse to disinherit another spouse. The surviving spouse has the ability statutorily to claim a certain amount of the estate.
A power of attorney is no longer valid when someone dies. However, with the details you provided a power of attorney would not apply.
I do recommend, however, that at the death of anyone, that the family consult with a probate attorney to make certain that you are advised specifically on each asset that is owned...before touching any asset.See question
Estate is insolvent. I am the personal representative and I want the statutory fee because I put in a lot of work. Can I still get it? If so, where would the money come from?
The fees that a fiduciary can receive are paid from the assets that are actually part of the the estate. If there are no assets in the estate then the fees would not be able to be paid. Having said that, the state where the person died would dictate the more specific rules for how these fees may or may not be payable.See question
My grandmother died 3/26/2012 and I need to know if her will has been filed or started because she has left assets to family in the will.
You should first check with the Probate Department in the County where she lived. The first reason to check is that sometimes people will file their original Wills for safe keeping. The second reason is to check if an estate has been opened. If you were a beneficiary you would have already received a notice of beneficiary from the Clerk's office to advise you that you are a beneficiary. If there has been no probate opened, then keep searching for a Will. Look in her nightstand, her desk, in places that someone would keep important papers. If you have no luck, then contact a Probate attorney to discuss your options. You can still probate the estate of someone who has passed without a Will...it is called an Administration.See question
were told we would inheriet the house we currently live in but the will says to divide all equally among all. what are our legal rights?
You have received some sound advice. The only thing I would add is to check the register of deeds in the County where the house is located to see whether the decedent made any changes to the ownership prior to death. This is probably a long shot. If the deed is still in the decedent's name then more than likely the home will pass to whomever is named in the Will. I would certainly have an experienced probate attorney read the Will, just in case there may be language in the Will to the contrary.See question
MY MOTHER WAS LEFT A PART OF AN INHERITANCE, SHE HAS PASSED AWAY SO ME AND MY SIBLINGS WILL RECIEVE HER SHARE, THE THING IS THAT THE ATTORNEY HANDLING THIS MATTER IS VERY SECRETIVE AND HAS NEVER DISCLOSED ANYTHING ABOUT THIS MATTER, SHE HAS BEEN R...
First off, you are permitted to hire an attorney to represent you if you are a beneficiary of an estate. It seems as though this may be a good option for you since the attorney currently handling the estate may not be cooperating with you in the manner you expect her to. You will probably have to pay out of pocket. Secondly, you need to consider opening an estate for your mother since she has passed and because she was the beneficiary of an estate. Finally, are you 100% certain that you and your siblings are to inherit her share? Sometimes a will may dictate that a beneficiary has to survive a certain period of time in order to qualify to inherit. How long after did your mother pass? If you have more details share them and we can try to me more accurate in our assistance to you.See question
my brother and sister will not sign the paperwork for my fathers settlement i signed mine and sent it back in the lawyer says that we none will get a thing if all the papers are not signed its just not right they said they are gonna send the check...
You mentioned lawyer and settlement. Not certain who the lawyer represents here. Is s/he representing your father's estate? Do you have an attorney personally? What paperwork are you referring to specifically? Not really sure the attorney is permitted to "send the checks back to the company". However, if you can provide more details on the matter the attorneys here will be able to provide you with more appropriate responses and guidance.See question
I am one of six siblings who share in heirs property. Will my children inherit my portion if I am the first heir to die or is the property now split five ways. What happens to the property when the last of the six heirs die/
Some information which I think would need to be known first was not within your question...and some clarification of what your actual question is may need to be expanded on.
So, let me just say that there are no known heirs until someone dies. Was there a Will? Did the person you are inheriting from die before or after the heir? This makes a big difference. If the person whom you are inheriting from died first, then we need to look at the language in the Will or if there was no Will, then we will need to determine whom the heirs are by looking at the NC Statutes of Intestacy.
If the person whom you are inheriting from died after the "heir", then you would need to look at the Will again to see if there was a clause indicating someone had to survive a specific period of time before inheriting. It could be that the distribution of that share will be controlled by the estate of the heir that died.
If you can provide more details I think that would be beneficial for you so that you can get the best answer for your particular situation.See question