North Dakota Affidavit by an Attorney-in-Fact in the Capacity of an Administrator of an Estate

State:
Multi-State
Control #:
US-00485BG
Format:
Word; 
Rich Text
Instant download

Description

The following form is by an affiant as an administrator of an estate.

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FAQ

Die intestate in North Dakota and your children will inherit part of your estate. However, how much they receive depends on whether you also leave behind a spouse, if those children are with your surviving spouse, and if you have children with someone other than your surviving spouse.

The total value of the probated property (minus any debts or other encumbrances on the property) is less than $50,000.00; No real property (real estate) is part of the probated estate; No probate case is started or completed in a North Dakota state district court, a court of any other state, or a tribal court; and.

Even without a statutory guideline on executor fees in North Dakota, the common understanding among legal professionals suggests that an executor can expect to receive about 2-5% of the estate's value. However, this percentage can vary based on the specifics of the estate and the executor's duties.

In North Dakota, there is no set minimum estate value for probate.

The surviving spouse who is a devisee of the decedent has the highest priority for consideration as the personal representative in informal probate proceedings.

A personal representative is under a duty to settle and distribute the estate of the decedent in ance with the terms of any probated and effective will and this title, and as expeditiously and efficiently as is consistent with the best interests of the estate.

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North Dakota Affidavit by an Attorney-in-Fact in the Capacity of an Administrator of an Estate