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Probate is the process through which a deceased person's property, known as the estate, is passed to his or her heirs and legatees (people named in the will). The entire process, supervised by the probate court, can take up to a year to fifteen months.
CO-ADMINISTRATOR. One of several administrators. In general, they have, like executors, the power to act singly to the personal estate of the intestate.
The Executor is responsible for wrapping up the deceased person's affairs and distributing the assets to, or for the benefit of, the persons named in the will (beneficiaries). An Administrator is the person in charge of the estate when my someone dies without a Last Will and Testament.
Small estates involving only personal property with a value of $10,000 or less are eligible for a simplified form of administration called Voluntary or Small Estate Administration, if the decedent died prior to January 1, 2006.
Yes an estate can have 2 administrators but it is not likely. If a names co-executors the Court may allow this, but if two people want to serve as co-administrators most Courts say "No" to the future conflicts between adminsitrators.
). The administrator usually is the spouse, domestic partner, or close relative of the dead person. ). The case must be filed in the county where the person who died lived (or if the person lived outside of California, in the California county where that person owned property).
In most situations, it's not a good idea to name co-executors. When you're making your will, a big decision is who you choose to be your executorthe person who will oversee the probate of your estate. Many people name their spouse or adult child. You can, however, name more than one person to serve as executor.
How Long Does Probate in New Hampshire Take? Probate will take at least six months by the time you file all the paperwork and pay creditors.