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Subject:
Who has legal authority to review the settlement of an estate through a will?
Category: Business and Money Asked by: rodoling-ga List Price: $20.00 |
Posted:
01 Feb 2005 15:54 PST
Expires: 03 Mar 2005 15:54 PST Question ID: 467234 |
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There is no answer at this time. |
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Subject:
Re: Who has legal authority to review the settlement of an estate through a will?
From: lrulrick-ga on 01 Feb 2005 21:55 PST |
Although laws many vary by state, if you suspect that there are errors in the pocessing of the will, you should be able to take matters to the probate court in the county. You may also want to take any issues you may have to the atty that overseen the reading of the will, or who filed the will. Allen County Ohio law for instance allows you to file with the court if you believe money or assets are not properly being released. The court also has the right if your finds are correct to override the power of the executor, by either forcing an atty representaion or adding a co executor. If you need more detailed information on how to go about obtaining court intervention, please specifiy state and county that the will is filed in. |
Subject:
Re: Who has legal authority to review the settlement of an estate through a will?
From: lrulrick-ga on 03 Feb 2005 07:52 PST |
I have found some great information that will take a bit of work on your side but I do not have the deceased's name in order to do it myself. First I suggest that you go here : http://www.superiorcourt.maricopa.gov/docket/probate/index.asp and do a search to see if any probate actions have filed with the court. Then I found a great resource that yo can look through this I though may be very helpful to you so I am posting it here, : ************************************************ The personal representative's duties include, but are not limited to the following: At the time of appointment as personal representative, preparing a Notice to Creditors, publishing it in a newspaper and delivering or mailing the Notice to known creditors of the decedent and other persons entitled to notice. A.R.S. § 14-3801. Not later than 30 days after being appointed, a personal representative must notify the heirs and devisees about the appointment of the personal representative as the personal representative of the estate of the decedent. A.R.S. § 14-3705. Within 90 days after appointment, a personal representative, who is not a special administrator or a successor to another representative who has previously discharged this duty, shall prepare an inventory of property owned by the decedent at the time of death, listing it with reasonable detail, and indicating as to each listed item, its fair market value as of the date of the decedent's death, its nature as community or separate property and the type and amount of any encumbrance that may exist with reference to any item. The personal representative may file the original of the inventory with the court and send a copy of the inventory only to interested persons who request it; or, if he elects not to file the inventory with the court, he must deliver or mail a copy of the inventory to each of the heirs in an intestate estate, or to each of the devisees if a Will has been probated, and to any other interested persons who request it. A.R.S. § 14-3706 ********************************************** The site I found this on has a wide list of answers to questions that you may find very helpful. The site is here : http://www.keytlaw.com/azprobate/probatefaq.htm#What%20Is%20Required I hope that this info meets you needs in this case. lru |
Subject:
Re: Who has legal authority to review the settlement of an estate through a will?
From: corvette6769-ga on 09 Mar 2005 03:39 PST |
Depending on jurisdiction, unless an estate is probated and an executor is appointed by the court (normally the person or firm designated in the will), there legally is no executor. If all beneficiaries named in the will have no objection, often the person designated will carry out the duties of settling the estate. Depending on your location, the estate may not have to be probated. For instance, in Illinois if the value of the estate is under $100,000 the distribution of assets can be handled through a document called a small estate affidavit, but the estate must be settled by one method or the other and either way though the administrator (or executor of probated) of the estate is required to inventory the estate and produce a detailed accounting statement regarding distribution of the assets which all beneficiaries are entitled audit. We are going through a situation where assets apparently have not been distributed properly in an estate where the last surviving parent died on 2-4-05, and have found our unlimited legal advice provided through our membership in http://www.SSMX.com/info by an attorney who specializes in estate law has been worth its weight in gold and without which we would be left in the dark as to what our rights are and how to go about insuring that we are not being shorted any of our rightful inheritance. |
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