How do you find out if someone left you something in a will?
How do you find out if someone left you something in a will?
The best and most efficient way to find out is to ask that person’s executor or attorney. If you don’t know who that is or if you are uncomfortable approaching them, you can search the probate court records in the county where the deceased person lived.
Do beneficiaries have a right to see the will?
Generally speaking, the only people who are entitled to see Estate Accounts during Probate are the Residuary Beneficiaries of the Estate.
Can an executor force the sale of a property?
An executor can sell a property without the approval of all beneficiaries. The will doesn’t have specific provisions that require beneficiaries to approve how the assets will be administered. However, they should consult with beneficiaries about how to share the estate.
What if trustee refuses to distribute assets?
If you fail to receive a trust distribution, you may want to consider filing a petition to remove the trustee. A trust beneficiary has the right to file a petition with the court seeking to remove the trustee. A beneficiary can also ask the court to suspend the trustee pending removal.
Is a trustee the same as an executor?
The role of a trustee is different than the role of an estate executor. An executor manages a deceased person’s estate to distribute his or her assets according to the will. A trustee, on the other hand, is responsible for administering a trust. The beneficiaries are the recipients of the trust’s assets.
What does an executor have to disclose to beneficiaries?
All taxes and liabilities paid from the estate, including medical expenses, attorney fees, burial or cremation expenses, estate sale costs, appraisal expenses, and more. The executor should keep all receipts for any services or transactions needed to liquidate the assets of the deceased.
Can an executor override a beneficiary?
Yes, an executor can override a beneficiary’s wishes as long as they are following the will or, alternative, any court orders. Executors have a fiduciary duty to the estate beneficiaries requiring them to distribute estate assets as stated in the will.
What happens if executors don’t agree?
The court will examine the situation and decide on what is best for the estate, and then remove one of the executors. The court might choose to leave it like that, with one fewer executor on the probate grant, or they could appoint a substitute if they felt it was necessary.
Can there be two executors of a will?
Co-Executors are two or more people who are named as Executors of your Will. Co-Executors do not share partial authority over the estate; each person you name as an Executor has complete authority over the estate. Co-Executors must act together in all matters related to settling the estate.
