Tuesday, May 21, 2019

Class Discussion Wills and trusts Essay

What consequences might there be if a provides custodian fails to wring the will over to the probate court after the decedents death? If a wills custodian fails to turn the will over to the probate court after the decedents death, the court may compel the custodian to produce the will this is if requested by the potential beneficiaries of the will, and if the custodian fails to produce the will, he or she may be subject to criminal charges (Herskowitz, 2014). When would a personal representative have to institute an supportive jurisdiction proceeding? A personal representative would have to institute an ancillary jurisdiction proceeding if the decedent owned, at the time of death, real shoes in a jurisdiction from the jurisdiction they lived in.This is required because other jurisdictions atomic number 18 not allowed to make distribution decisions about real property outside of their jurisdiction. The mathematical function is to transfer the title of the real property to the ju risdiction the trustor lived in to keep the estate together. (Herskowitz, 2014). What steps might have to be undertaken to find the will of a decedent? To find the will the steps the family of the deceased should take are 1. look to the decedents home and office first (ie dresser drawers, file cabinets, desk drawers, closets, the refrigerator, the freezer, books, under mattresses, and the attic) 2. Search the safety deposit box if one exists.3. The family can also check with all family members, an attorney or family friend that may have the will. (Herskowitz, 2014). What steps are required to prove a lost will?The person contending that the original will was lost must present a copy of the will, a make of the wills execution and validity, by either, producing witnesses who will authenticate that the copy is a true and correct copy of the will or, a self-proving affidavit at the end of the will to the probate court. (Herskowitz, 2014).SourcesHerkowitz, S. D. (2014). Wills, Trusts, and Estates Administration, 4th ed. Upper Saddle River, NJ Prentice Hall.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.