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If There Is No Will Who Is The Executor?
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If the deceased did not leave a Will behind, then the court will appoint an administrator to act as the executor of their estate. This person is typically close family member who can demonstrate that they have a right to manage the estate. The administrator must be able to prove that they are a beneficiary of the deceased's estate in order to qualify.
▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro
0:21 - The administrator
0:33 - State intestacy laws
0:48 - Tax obligations
0:54 - Inheritance or state tax
1:12 - Executors and administrators
1:27 - Important to create a Will
▬ BUY A LAST WILL AND TESTAMENT ▬▬▬▬▬▬▬▬▬▬
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▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬
0:00 - Intro
0:21 - The administrator
0:33 - State intestacy laws
0:48 - Tax obligations
0:54 - Inheritance or state tax
1:12 - Executors and administrators
1:27 - Important to create a Will
▬ BUY A LAST WILL AND TESTAMENT ▬▬▬▬▬▬▬▬▬▬
▬ FOLLOW US ON SOCIAL MEDIA ▬▬▬▬▬▬▬▬▬▬
TIKTOK
#nowill #whois #executor