How does estate pay co-op maintenance fees when estate has no money until co-op is sold?
It depends what you are planning. If it is being sold most co-ops will work out a deal to payoff at closing. If it is bequeathed to someone that...
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It depends what you are planning. If it is being sold most co-ops will work out a deal to payoff at closing. If it is bequeathed to someone that...
Whether the home could be sold depends on the terms of the trust, but likely no. Your 15% would be taken by the bankruptcy trustee. And, all of...
You are going to have to form and estate, and then the estate will need to bring a partition action to force a sale. If there is no will, all...
If there is no litigation commenced against you, the status is irrelevant, unless this is a Chapter 11 case. Just continue to monitor the case. ...
If you have letters testamentary, and the letters are not restricted, you may proceed to sell like any other seller. If it is a Mitchell-Lama or...
If the deed gave survivorship rights to your parents as co-owners, that would trump any language in a will. Sounds like the will and deed were...
You need to probate the will. You can sell it directly from the estate, if you both consent. But the co-op will require a Surrogate decree.
I do not understand the "escrow". You can decline the bequest if there is no value, but you need to do so with a form in Surrogate's Court.
This is a scam. Do not respond. No one does cases like this. I promise there is no money for you.
Legally yes. Best form, no. There are thousands of notaries, including remote. Get one. It creates issues that are not necessary.