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| Wills, Trusts, Estates Wills, trusts, estates, gift tax planning, etc. |
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Jan 21st, 2008, 11:27 PM
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#1 |
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Estate
Could you please tell me the legal procedure in handling someone’s estate? Does the lawyer contact the beneficiaries of the estate with a Statement showing receipts and disbursements to and from the estate? And isn’t each beneficiary required to sign a Release of the executor indicating they agree with his figures?
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Jan 23rd, 2008, 11:01 AM
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#2 |
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Re: Estate
The executor has to fully process the estate--there are many articles on the web you can review.
And your local probate court has forms and instructions, guidelines etc. that will also tell you how basically the whole process should be handled... what has been the problem? |
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Jan 26th, 2008, 10:41 PM
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#3 |
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Re: Estate
I received a cheque from my older sibling who is the executor of my father's estate. I received no documents, etc from the lawyer who he was handling my father's estate.
I assumed it was a legal procedure to send a statement to all of the beneficiaries of the estate that they agree to these figures, if so, they sign & then the cash is released. Was I wrong to assume that? |
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Jan 28th, 2008, 07:00 PM
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#4 |
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Top Level Member
Last Online:
Sep 25th, 2008 02:24 PM Join Date: Mar 2007
Posts: 450
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Re: Estate
Yes you need to see and approve...or you may object and file in court.
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