Alex Does a wife need to apply for probate?
No. Many estates don’t need to go through this process. If there’s only jointly-owned property and money which passes to a spouse or civil partner when someone dies, probate will not normally be needed.
Can a sole proprietorship name be the business name?
If the business is a sole proprietorship with one owner, the name can be the owner’s name. Any documents can then be signed with the name, and no other steps are required. If a general partnership is put in place with two owners, the last names of both partners can be the legal name.
Can you start a sole proprietorship with your spouse?
Starting a Sole Proprietorship with a Spouse Regardless of who the other person is, you cannot start a sole proprietorship with anyone. If you do choose to begin a business with your spouse, then you will have to form a general partnership.
Can a person be named as an executor in a will?
It is quite possible for someone to be named as an executor in a will who wasn’t told beforehand and doesn’t want to be held personally responsible for the job. There are also situations where someone accepts the role, but later changes their mind but doesn’t have the opportunity to discuss it with the person who appointed them.
Can a partnership name be a legal name?
If a general partnership is put in place with two owners, the last names of both partners can be the legal name. If the decision is made to use a name that is not the last names, the partners must draft a written partnership agreement that shows the legal name chosen.
Who is the sole beneficiary in a will?
My mother, (who is named executor and sole beneficiary,) was power of attorney. The bank froze his account this morning and we need … read more Barrister Attorney
What happens if you are married and the House is not in Your Name?
If you are married and your name is not on the title deed, you may have relinquished your ownership right. It depends on when your spouse acquired the property and where you live. In California,…
Can a sole heir be appointed as an executor?
In cases where one individual is the sole heir, a probate court may also appoint that individual as executor of the estate. The obligations of the executor remain the same and the estate must go through probate, with the process overseen by the probate court.
Do you have to have a will if your spouse dies?
Odds are you and your spouse won’t die at the same time, and there’s probably property that’s not jointly held. That’s why separate wills make better sense, even though your will and your spouse’s will might end up looking remarkably similar.