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By contrast, some US states (such as Virginia) have extended the principle to cover the family of a predeceased spouse. In those states, if the decedent had been married, and their spouse had died before the decedent, and if the decedent had no blood relatives at all, then the decedent's property would pass to any living relatives of the spouse ...
If the deceased beneficiary was intended to inherit part or all of the residuary estate, then that portion of the estate would pass by intestate succession, as though the testator had left no will. This rule is referred to as the doctrine of no residue of a residue, because the portion of the residuary estate that did not itself pass under the ...
The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.
A decedent's debt typically gets paid via their estate — that is, any money or property they left behind. If you die with debt, your estate may first be purged to pay it off.
If you bequeath your home to someone or have a joint owner with the right of survivorship, your heir has to decide what to do with the home and the mortgage. Generally speaking, the person who ...
However, if no will is left, or the will is invalid or incomplete in some way, then administrators must be appointed. They perform a similar role to the executor of a will but, where there are no instructions in a will, the administrators must distribute the estate of the deceased according to the rules laid down by statute and the common trust.
A copy of the death certificate of the AOL account holder, issued in the United States. If a death certificate is not available, please contact AOL Customer Service at 800-827-6364. You can request the suspension or cancellation of billing and premium services through this form.
When Prince died on April 21, he left behind an estate valued at an estimated $300 million. It includes unreleased songs, royalties, his likeness, and hundreds of other assets tied to the artist.