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Delaware Petition to Determine Distribution Rights of the Assets of a Decedent
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§ 2306. Distribution of decedent's property without grant of letters where estate assets do not exceed $30,000.
Who Gets What in Delaware? If you die with:here's what happens:parents but no spouse or descendantsparents inherit everythingsiblings but no spouse, descendants, or parentssiblings inherit everything5 more rows
Delaware Usury Laws In Delaware, the maximum amount of interest a borrower can charge is 5% over the Federal Reserve discount rate. The Delaware legislature has an exception to interest rate limits: there is no limit where loan exceeds $100,000 and is not secured by a mortgage on the borrower's personal residence.
Except where circumstances justify a longer period, an executor or administrator shall have 1 year from the date of letters for settling the estate of the decedent; and until the expiration of that time, the executor or administrator shall not be required to make distribution, nor be chargeable with interest upon the ...
(5) "Total return unitrust'' means an income trust that has been converted under this section or the laws of any other jurisdiction that permits an income trust to be converted to a trust in which a unitrust amount is treated as the net income of the trust.
The surviving spouse is entitled to receive up to the amount of $7,500 out of the estate of the decedent. The allowance to the surviving spouse of a decedent shall be made within the shorter of 9 months from the date of death or 6 months from the date of the granting of letters, testamentary or of administration.
If you die with a surviving spouse and with children with someone other than that spouse, the spouse gets ½ of your intestate assets, plus the right to use any intestate real estate for life. Your children get everything else. If you die with children but no surviving spouse, your children inherit everything.
Except where circumstances justify a longer period, an executor or administrator shall have 1 year from the date of letters for settling the estate of the decedent; and until the expiration of that time, the executor or administrator shall not be required to make distribution, nor be chargeable with interest upon the ...