Confused About Probate Court
I think you need to find an exeperienced estate planning attorney. No matter what the size payable on death property does not go through...
Columbus, OH
Estate planning Lawyer at Columbus, OH
Practice Areas: Estate Planning, Probate ... +2 more
I think you need to find an exeperienced estate planning attorney. No matter what the size payable on death property does not go through...
It is not the size of the estate but the type of property that determines whether an estate needs to go to probate.
Your attorney is correct. Any account that is payble on death would go direclty to the person named on the account.. If that person is also named...
The executor is entitled to a few of 1% on property that passes payable on death. The fee would be paid out of the assets that pass through probate.
I would suggest that you do a new will making any changes that you want to make and removing this person as executor. The new will should...
Estate tax is due on all assets owned by a deceased person, even joint assets and assets that pass by beneficiciary designation. The only asset...
A special needs trust is usually used when a family member is currently receiving governmental benefits or may need benefits in the...
Generally setting forth your preferences in a will is preferable to using payable on death beneficiaries.
The mortgage is probably still in the deceased's name and therefore the administrator would need to sign any paperwork regarding the mortgage.
The court itself will not act as executor. A bank or trust company can act as executor. You might want to check with the bank where you do business.