North Dakota Affidavit That All the Estate Assets Have Been Distributed to Devisees by Executor or Estate Representative with Statement Concerning Debts and Taxes

State:
Multi-State
Control #:
US-OG-015
Format:
Word; 
Rich Text
Instant download

Description

Some states do not provide for the formal closing of an estate, or that an order by entered to that effect. On being advised that an estate has been closed, and distribution of the estate's assets are to be made to devisees, a purchaser of production may request some evidence that all debts and taxes have been paid or provided for. This Affidavit provides evidence that an estate is closed, and debts and taxes are paid or provided for.

How to fill out Affidavit That All The Estate Assets Have Been Distributed To Devisees By Executor Or Estate Representative With Statement Concerning Debts And Taxes?

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FAQ

. As you may imagine, the surviving spouse or legal domestic partner is at the top of the list, with children as the second category, grandchildren as the third, and so on.

The term ?personal representative? is used in Florida instead of such terms as ?executor, executrix, administrator, and administratrix.? The personal representative has a legal duty to administer the probate estate ing to Florida law.

Probate is the legal process that you must follow to transfer or inherit property after the person who owned the property has passed away. Depending on the amount and type of property the deceased person owned, you may or may not need to go to court to transfer or inherit the property.

Probate court is a specialized type of court that deals with the property and debts of a person who has died. The basic role of the probate court judge is to assure that the deceased person's creditors are paid, and that any remaining assets are distributed to the proper beneficiaries.

. As you may imagine, the surviving spouse or legal domestic partner is at the top of the list, with children as the second category, grandchildren as the third, and so on.

Appointing a Personal Representative The order from highest to lowest priority is: The person named as personal representative in decedent's will. The decedent's surviving spouse if the spouse is a devisee. Other devisees of the decedent.

That interested person must petition the probate court to appoint them as the estate administrator. Once the probate court process is complete, the court-appointed representative is known as the "personal representative" of the estate.

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North Dakota Affidavit That All the Estate Assets Have Been Distributed to Devisees by Executor or Estate Representative with Statement Concerning Debts and Taxes