but on the last page it states that his daughter is the executor in charge of seeing that all bills are paid!. but no money from the estate has been issued to her to pay the bills, is this normal!?Www@QuestionHome@Com
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Position:Home>Genealogy> In my girlfriends dads will it states on the first 3 pages that her mom is the eQuestion: In my girlfriends dads will it states on the first 3 pages that her mom is the executor of the will!? but on the last page it states that his daughter is the executor in charge of seeing that all bills are paid!. but no money from the estate has been issued to her to pay the bills, is this normal!?Www@QuestionHome@Com
Best Answer - Chosen by Asker: The will doesn't mean anything until it's filed with the probate court and an estate is legally formed!. No one has to pay his bills until there is a will because the executor is appointed by the court and given the power to take care of bills, etc!. You need to have an attorney look at this and file it for you!. There is very possibly a statement in there that everything goes to his surviving spouse and that there only needs to be an estate after the surviving spouse dies!. It's all a very legal thing and it starts by filing it with the Probate court and getting a letter of office from them so that there is a legal representative for the estate!.Www@QuestionHome@Com Yep!. It's maybe time for a lawyer if creditors are knocking at the door!. A child cannot be held responsible for a parent's debt, so have no worry there!. The will cannot be executed with one executrix in charge of the estate, and another in charge of the accounts payable!. The set-up could be prone to problems, depending upon the relationship that the mother and daughter have with one another, and how much money is involved!. In any case, the girlfriend has no personal financial liability!.Www@QuestionHome@Com There can only be one executor, if several people are named in the will, a judge will have to make a decision as to whom to put in charge!. executor n!. the person appointed to administer the estate of a person who has died leaving a will which nominates that person!. Unless there is a valid objection, the judge will appoint the person named in the will to be executor!. The executor must insure that the person's desires expressed in the will are carried out!. Practical responsibilities include gathering up and protecting the assets of the estate, obtaining information in regard to all beneficiaries named in the will and any other potential heirs, collecting and arranging for payment of debts of the estate, approving or disapproving creditor's claims, making sure estate taxes are calculated, forms filed and tax payments made, and in all ways assisting the attorney for the estate (which the executor can select)!. Without looking at the actual document itself, it is impossible to give accurate advice, but the spouse, if they were still married, would normally be the executor before the child!. The child could just be listed as an executor if something has happened to the named executor!. whaleWww@QuestionHome@Com Unfortunately, yes!. someone will have to sell something if there's no life insurance!.Www@QuestionHome@Com You should have your lawyer take a look at it and interpret it for you!.Www@QuestionHome@Com |