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In a Will where Item 2 states all debts, etc shall be paid, and Item 3 lists specific bequests, do the debts get paid first?
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Answered on July 24, 2012
The brief answer is: debts of the estate must be paid before any property is distributed. The will in question directs the executor to look first...
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Thank you!!!
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Answered on July 23, 2012
Sorry to hear about your situation.
If you contact my office off-list and give us the property address, we may be able to find out which bank...
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Is it necessary to probate a will in Oconee County ?
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Answered on July 18, 2012
You never HAVE to probate a will, but in order to inherit the financial assets, you may wish to. The $4,000 in the bank can probably be handled...
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Can I sell land that was passed down to my great aunt from her father without other nieces and nephews consent. She died.
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Answered on July 18, 2012
Congratulations. It sounds like you may own a share in "heir property."
No - you cannot sell it unless it was "passed down" to your great aunt...
Are beneficiaries entitled to a list of total assets of an estate?
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Answered on July 18, 2012
Often, a will excuses the executor from any duty to account for the assets of an estate. I imagine this may have been the case with your uncle's...
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My wife's name is not on ou mortgage. If I were to pass away, would she be able to stay in the house?
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Answered on July 17, 2012
The answer to your question is that she may have to refinance or the bank may let her ride out the mortgage if you were to untimely die.
I your...
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Help with father's POA/finances...
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Answered on July 17, 2012
I am very sorry to hear of your father's condition.
You should be concerned, and I would recommend hiring a lawyer. There is a significant...
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Can a incompetent person revoke a power of attorny without first being ruled completent again in the state of ga. Give case law.
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Answered on July 17, 2012
Your question may need some revision. A "family trust" is not a power of attorney (POA), although the trust instrument could certainly contain a...
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Theres no will. How does the court appoint a executor when there is six kids? I was her POA and over living will.
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Answered on July 17, 2012
The easiest way for the court to decide is for one child to petition to administer first. If other children (and other parties interested in the...
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Can siblings stop a contract of sale of estate if the only parent is deceased? The home is not in the parents name yet.
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Answered on July 17, 2012
Hire a lawyer. Even given your expanded description of the situation, an attorney would need more facts to understand what is going on.
Some...
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