Introduction to Estate Assets and Debts
Introduction to Estate Assets and Debts
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What Are an Executor's Responsibilities to Manage Estate Property?
If you’re appointed executor, how do you keep estate property safe and secure? If there’s a home, for instance, what do you do with it?
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Paying Off Debts of the Estate
A big part of the executor's job is to settle the debts of the estate. Here's an overview on what you'll need to do.
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Personal Liability for Debts of an Estate
Is the executor personally liable for estate debts? Usually not, but others may be.
When the Estate Includes Real Estate
When the Estate Includes Real Estate
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Transferring Real Estate After Death
The process for transferring a deceased person's house or real estate to the new owner depends on many factors.
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Transferring Real Estate Held in a Trust
How do you use a deed to transfer real estate held by a trust? What are the tax and mortgage implications?
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Transferring Joint Tenancy Real Estate After a Death
Property held in joint tenancy is usually easy to transfer to the survivor after the other owner dies.
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What Happens to the Mortgage on Inherited Real Estate?
When someone inherits a home or similar property, the mortgage obligation is usually part of the deal.
Retirement Accounts in the Estate
Retirement Accounts in the Estate
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Inheriting Retirement Accounts: Legal Overview
Tax-advantaged retirement accounts are subject to different rules than are other inherited assets. Here are the basics.
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A Surviving Spouse's Right to Inherit Retirement Accounts
Even a husband or wife who wasn't named as the beneficiary of a retirement account may have the legal right to claim the money.
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Inheriting an IRA or 401(k) Account as a Surviving Spouse
Spouses get more options than other beneficiaries, and may be able to put off taxes on retirement account funds for longer.
Other Assets in the Estate
Other Assets in the Estate
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Handling Bank Account Funds in an Estate
What happens to cash accounts that belonged to the deceased person? It depends on how the accounts were held.
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How to Transfer U.S. Savings Bonds After Death
U.S. savings bonds are still popular, and are usually easy to transfer to the beneficiary after the original owner dies.
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Can You Inherit Season Tickets?
There are all kinds of rules and restrictions on who inherits the cherished season tickets of a devoted fan that passes away.
