Can a beneficiary see bank statements?
Can a beneficiary see bank statements?
All beneficiaries are entitled to information. Ask for as much as you want, such as copies of bank statements, checks, trustee’s fees, costs, etc. Better yet, ask for the information in writing. It does not take much to send an email or a letter listing what you want to see.
Can I withdraw money from a deceased person’s bank account?
Remember, it is illegal to withdraw money from an open account of someone who has died unless you are the other person named on a joint account before you have informed the bank of the death and been granted probate. This is the case even if you need to access some of the money to pay for the funeral.
Why would a house go to probate?
A home is sold in probate court when someone dies intestate or without bequeathing their property. When that happens, the state takes over and administers the property’s sale. The court wants to be certain the property is marketed and sold at the best possible price.
Can you list a house before probate?
The short answer is no. You don’t own the property until the probate process finishes. That means you don’t have a right to sell the property until the entire probate process gets finished.
Can you put a house on the market without probate?
If Probate is needed, the property can be put on the market and an offer can be accepted before the Grant of Probate has been obtained, but the sale won’t be able to complete without the Grant. We would always recommend obtaining the Grant of Probate prior to exchanging contracts.
Can I sell my deceased mother’s house without probate?
If a house passed into your care through joint tenancy with a right to survivorship, or a transfer-on-death deed, you can legally sell it without going through probate. It’s best to let the court sort out the will, or consult with a probate attorney or a real estate agent with probate experience.
Can an executor sell a house before probate?
Can an executor sell property before probate? No. You cannot act as the executor until the court issues Letters Testamentary. Only then can you collect the assets of the estate, pay the estate’s debts and expenses and distribute the remainder to the estate’s beneficiaries.
Can executor act before probate?
An executor may have to apply for a special legal authority before they can deal with the estate. This is called probate. Although there are some exceptions, it is usually against the law for you to start sharing out the estate or to get money from the estate, until you have probate or letters of administration.
