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Little ray
of sunshine
Picture of jhe888
posted Hide Post
You can't get forced to be anyone's executor or estate administrator. You can just say no, even if named in a will.

Many states do allow an executor or administrator to take a fee though.




The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
 
Posts: 53340 | Location: Texas | Registered: February 10, 2004Reply With QuoteReport This Post
Big Stack
posted Hide Post
How is an executor named if the the deceased in intestate? Does the court appoint one?

quote:
Originally posted by jhe888:
You can't get forced to be anyone's executor or estate administrator. You can just say no, even if named in a will.

Many states do allow an executor or administrator to take a fee though.
 
Posts: 21240 | Registered: November 05, 2003Reply With QuoteReport This Post
No good deed
goes unpunished
Picture of cheesegrits
posted Hide Post
quote:
Originally posted by BBMW:
How is an executor named if the the deceased in intestate? Does the court appoint one?

There is a state statute that lists who has priority to serve. Generally, a surviving spouse is first, and if none (or if unable to serve), it might be an adult child or a parent. And yes, the Court appoints whoever has priority and agrees to serve.
 
Posts: 2700 | Location: The Carolinas | Registered: June 08, 2010Reply With QuoteReport This Post
Sigs are
my Panacea...
Picture of billpocz
posted Hide Post
Wow....

Did you find the stash of "Father of the Year" trophies?




*
--- Sig 365, 365XL, 245, P6
*
 
Posts: 2013 | Location: Rural Northeastern KY | Registered: May 07, 2009Reply With QuoteReport This Post
Go ahead punk, make my day
posted Hide Post
quote:
Originally posted by Edmond:
Because probably 1/2 of it is going to fall on her and I'm not going to let her deal with it by herself.
Realize she can walk away from this mess too.

Good luck!
 
Posts: 45798 | Registered: July 12, 2008Reply With QuoteReport This Post
Little ray
of sunshine
Picture of jhe888
posted Hide Post
quote:
Originally posted by gearhounds:
Unless Shitcago has no-will laws that supercede the state, here is what Illinois does, apparently.

https://www.nolo.com/legal-enc...ession-illinois.html


No local law will supercede state intestacy law.




The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
 
Posts: 53340 | Location: Texas | Registered: February 10, 2004Reply With QuoteReport This Post
Little ray
of sunshine
Picture of jhe888
posted Hide Post
quote:
Originally posted by SFCUSARET:
Just my unqualifed opinion but a revocable trust and right of survivorship is the way to go. My sister and I were able to avoid probate because my parents put all of their holdings and properties in a trust plus rights of survivorship. I have done the same with my estate.


Maybe or maybe not. Ask an estates and trusts lawyer in your state. You are going to need a lawyer to set up the trust anyway (don't trust Trust-On-Disk from the Office Depot). And Trust-On-Disk won't tell you if a trust is the right choice, or what the tax consequences might be.

Not to pick on you, but why give advice if you aren't qualified? I had a root canal last week, but it wouldn't occur to me to suggest what dental work someone might need.




The fish is mute, expressionless. The fish doesn't think because the fish knows everything.
 
Posts: 53340 | Location: Texas | Registered: February 10, 2004Reply With QuoteReport This Post
Member
Picture of SFCUSARET
posted Hide Post
quote:
Originally posted by jhe888:
quote:
Originally posted by SFCUSARET:
Just my unqualifed opinion but a revocable trust and right of survivorship is the way to go. My sister and I were able to avoid probate because my parents put all of their holdings and properties in a trust plus rights of survivorship. I have done the same with my estate.


Maybe or maybe not. Ask an estates and trusts lawyer in your state. You are going to need a lawyer to set up the trust anyway (don't trust Trust-On-Disk from the Office Depot). And Trust-On-Disk won't tell you if a trust is the right choice, or what the tax consequences might be.

Not to pick on you, but why give advice if you aren't qualified? I had a root canal last week, but it wouldn't occur to me to suggest what dental work someone might need.


Because I stayed at the Holiday Inn Express last night. Roll Eyes Roll Eyes


__________________________
"Para ser libre, un hombre debe tener tres cosas, la tierra, una educacion y un fusil. Siempre un fusil !" (Emiliano Zapata)
 
Posts: 1073 | Location: Scottsdale, AZ | Registered: September 26, 2007Reply With QuoteReport This Post
Member
posted Hide Post
quote:
Originally posted by Palm:
quote:
Originally posted by jimmy123x:
Here in Florida it is not necessary to go to probate if you have a will.


Jimmy, can you please provide support for this statement? I'm looking at this website, and it appears to me that probate is still required even with a will. I know for sure it is required in my state, but I am not licensed in Florida. I want to make sure the OP has accurate information.

https://www.floridabar.org/pub...onsumer/pamphlet026/



www.clarkskatoff.com/news-reso...e-a-will-in-florida/
 
Posts: 21421 | Registered: June 12, 2005Reply With QuoteReport This Post
Repressed
Picture of ShneaSIG
posted Hide Post
quote:
Originally posted by jimmy123x:
quote:
Originally posted by Palm:
quote:
Originally posted by jimmy123x:
Here in Florida it is not necessary to go to probate if you have a will.


Jimmy, can you please provide support for this statement? I'm looking at this website, and it appears to me that probate is still required even with a will. I know for sure it is required in my state, but I am not licensed in Florida. I want to make sure the OP has accurate information.

https://www.floridabar.org/pub...onsumer/pamphlet026/



www.clarkskatoff.com/news-reso...e-a-will-in-florida/


This post is a cautionary tale for why you don't take legal advice from the internet.

It's also a great post to demonstrate why members should refrain from offering advice on complicated matters that are outside of their expertise.

Google =/= a law degree.

So, sure, Jimmy is "correct" in the barest sense of the term in that, in a very general sense, it is often not compulsory that a will be probated, and situations do arise that there's no point to initiating the probate process. If no one in the family files the will with the local probate court and petitions to initiate a probate case, the probate police aren't going to come kick in doors. The consequences will take other forms, typically manifesting as broken chains of title and nebulous ownership interests, for example.

IF probate should be opened is a different question than whether or not probate is required. Let's be very clear: the mere existence of a will does not remove the requirement that interested parties usually must proceed to probate if they wish to give legal effect to that will and distribute the probate estate. Some jurisdictions have summary proceedings which expedite the process if the proper conditions are met. And, under normal circumstances, probating of the estate is necessary to cut off the claims of creditors and pass clear title to estate assets, assuming no other estate planning methods have been used to avoid the probate process.

To the O.P., feel free to message me offline if you'd like to talk. One of my law licenses just so happens to be from the State of Illinois.


-ShneaSIG


Oh, by the way, which one's "Pink?"
 
Posts: 11059 | Location: MO | Registered: November 19, 2003Reply With QuoteReport This Post
Member
posted Hide Post
the second that anyone asks you to be an executor of their estate , the answer MUST include
" only if I can manage your estate from this day forward "

and more often than not you really really need to factor in the amount of work and what it will cost you , and let them know that the estate may be charged for your services.

my brother did it twice for two family members and he said never again for anyone w/o these
rules





Safety, Situational Awareness and proficiency.



Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
 
Posts: 55282 | Location: Henry County , Il | Registered: February 10, 2004Reply With QuoteReport This Post
Repressed
Picture of ShneaSIG
posted Hide Post
quote:
Originally posted by bendable:
the second that anyone asks you to be an executor of their estate , the answer MUST include
" only if I can manage your estate from this day forward "



Really? Is that so?

See my post above about legal advice on the internet.


-ShneaSIG


Oh, by the way, which one's "Pink?"
 
Posts: 11059 | Location: MO | Registered: November 19, 2003Reply With QuoteReport This Post
Member
posted Hide Post
from his perspective,

a lot of old people live in denial that life just takes care of itself and all will be happy ,

so they do nothing with the property(s) or funds.

when in reality everything should be done , on paper and decided many months prior to a death.

more often than not an executor trying to tie up all kinds of loose ends , post funeral, will be a giant target by those feeling cheated , slighted or stolen from.
the dying person has the ability to abate any and all harsh feelings so that no one is contesting anything,

giant wedges of sentiment and ownership will separate all kinds of families,
unless all is settled pre funeral





Safety, Situational Awareness and proficiency.



Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first
 
Posts: 55282 | Location: Henry County , Il | Registered: February 10, 2004Reply With QuoteReport This Post
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