Closed-ended questions typically start with a verb like âareâ, âisâ, âdidâ, etc. Examples of closed Yes-No questions … Now the bank is calling me, as the executor of her estate, demanding that I pay the mortgage. You want them to keep up with you so that there are no regrets from either party after the deal is closed. Get started Ask an Estate Planning Lawyer a Question You'll hear back in one business day. There are a plethora of articles (like this one) designed to help clients find the right agent, but there a decedent’s estate, the IRS examination of t he estate tax return is closed. You should look at your copy of the will. Now that their past vendor is out of the picture, you’ll have more room to swoop in and grab another new client. No prompting. My brother died this March. Log in. It starts "Comes now _____ (insert name(s)) being first duly sworn upon (his/her)_____ oath, affirms etc. After obtaining the authority from the court to administer an estate, and after opening an estate bank account, the executor or personal representative must perform many tasks. It depends on many factors including the size and complexity of the estate. Why is 'How can I help you?' This is often called a convergent question. It’s all in the wording and approach! P: 480.345.0500  |   F: 480.345.7756    Â. Proc. Yes. Think about the kind of decisions they’ll need to make for you to secure a sale. Open questions for homebuyers is the way to go for a real estate agent. In order to reopen the estate, you must first have a valid and compelling reason. For questions about the status of an estate tax return, call 866-699-4083. Share your thoughts in the comments below. If the judge approves the accounting, the executor is discharged. No leading. To sell your home, the real estate broker will want a listing agreement signed. This article contains general legal information and does not contain legal advice. The appropriate certificate fee for this request will be assessed. While these questions seek more information from the source and are answered in the prospects own words, close-ended questions lead to specific answers, like a yes or no, or a multiple-choice option. Real estate questions, answers, advice, opinions, blogs & articles. Check to see if some gift wasnât distributed to a beneficiary. As explained above, a formal accounting is generally not necessary if the beneficiaries and heirs are in agreement on their shares and the expenses. Depending on the type of property you plan to buy, the location, the age of the property, and what your intended use is, there is a great deal of specific and important information you should know. Bringing an estate to a close can be time consuming and complicated. Il existe une multitude de types de question de sondage. Answer Save. Yes. artpartner-images / Getty Images. He'll then either admit the will or estate for probate or request additional information. It is not unusual to take a year or longer. With the distribution of all assets, the executor is said to have âclosed the estate.â. In both cases, the opening of an estate is done through the local probate court. Closing a person's estate after they die can often be a long, detailed process. Top 30 Open-ended Questions. The best real estate agents will get to know you and your property first before prescribing a best-fitting marketing solution to sell your home. Closed ended questions start with verbs, such as âAre,â âWill,â âIs,â âHave,â âDid,â and even contractions such as âArenât,â âDidnât,â and âWonât.â. Yes-No questions are closed questions. But, open-ended questions shouldn’t be used at the exclusion of closed-ended questions. Request a copy of the closed estate filing for the individual to confirm your findings. I would like to know if, as the executor of my mothers' estate, do I have an obligation to the bank? The estate was closed in 1996 and in fact was even determined to be insolvent (not having enough assets to meet its debts). Here are 21 Questions a Real Estate Agent Should Ask you before prescribing the right solution for your situation and your home: What’s the reason for the sale? Keep in mind that heirs and beneficiaries often feel the process is moving too slowly and their inheritances are being delayed. Open-Ended vs. Close-Ended Sales Questions. If you need advice, give us a call and we will be happy to discuss your situation. Pro tip: Pair closed-ended questions with open-ended ones to better understand and address your quantitative data. Correct, all assets have to be distributed from the estate before it can be closed.. This is what usually happens. Closed Questions: Answered by “yes” or “no” or simple facts. Like: Is this a good time to talk? REC 3.56 • 1/1/20 A publication of the North Carolina Real Estate Commission Questions and Answers on: REAL ESTATE CLOSINGS Then, they are able to advise what to do after probate has closed. The market for these items might be down because of the economy or other factors. Depending on the circumstances however, there may be reasons for reopening a closed estate. If you do this in an affirmative way "Tell me what you like best about working here" you will help to build and maintain an open dialogue. In case you’ve not had the opportunity to write down your open-ended favorites, here are 30 of ours. In the kindest possible way, ask and make sure that they understand what they are getting themselves into before finalizing a deal. i do not trust her with money matters, and am concerned about him signing something and getting in trouble. Is she still executer of the estate if the estate of my mother was closed . Is there an alternative to the Estate Tax Closing Letter? Which of these five questions did you find most useful? The answers are simple and direct. Rédiger de bonnes questions de sondage est crucial pour obtenir des réponses exploitables. Box 17100 • Raleigh, NC 27619-7100 919/875-3700 • Regulatory Affairs: 919/719-9180 Website: www.ncrec.gov 7,500 copies of this public document were printed at a cost of $.000 per copy. If the assets are distributed and there are still debts and taxes owed, the executor or personal representative could be held personally liable. As mentioned in the article Closing the Estate: Send Assent Forms to Close the Estate, distributing all the funds in the estate account was necessary to close the estate.Unfortunately, after the final distribution, the $5000.00 estate reserve was still part of the estate account. Saturday - Sunday: Closed, Sign up with Blitz today for a 30-day free trial, The Top 5 Lead Generation Strategies for 2021 (With Examples), How to Optimize the Impact of Your Business Training and Development, 5 Expert Customer Retention Strategies for 2020, 5 New COVID-19 Insurance Industry Trends You Should Know, 12 Tips to Use Technology to Increase Workplace Productivity. A closed estate would be one where the probate processs has been completed and the assets have been distributed. Contact your attorney or one of our CPAs about the process of closing an estate. Closed-End vs. Open-End Investments: An Overview . Behavioral questions are also common - these focus on how you would handle a future situation. 1. i am not sure why this is necessary. It brings conversation gradually to a convergence on a single point or ⦠You’re giving them just enough options to answer the question. Is there an alternative to the Estate Tax Closing Letter? The idea is to obtain quick, easy responses. Asking close ended questions will give you clear answers. June 24, 2016 / Blog / By Jared Young Small Business Sales Training: Learning how to … For example, some people die owning businesses, multiple homes, cars, or boats, or unusual assets, such as airplanes. The first blank is easy enough, but I am not sure how to fill out the second space. It also might involve transferring certain assets to the beneficiaries as set forth in the will. The law is complex and changes often. If the account earns interests, it may be advisable to move the money to non-interest earning account to avoid paying taxes on that interest. Contact us for a free consult. Write down the ones you find valuable. How long does it take? Obviously there are many more than just 10 questions you should ask before you purchase commercial real estate. When is an estate considered closed? Unfortunately, however, there are still some circumstances that may arise that could create a need to reopen the estate.Five Reasons You May Need to reopen the estate. Prior to distribution, one of the heirs may demand a formal accounting. Home » Blog » Tips » 5 Close Ended Questions for Sales You Want to Land. The importance of asking the right sales questions cannot be understated. Communication about the status of the estate may help prevent disputes. These are certain steps that must be taken to close the estate. Give them a set number of options so that you know what to expect. (Hint: you need to ask more than "what keeps you up at night?") Suivez les conseils de ce guide sur la rédaction des questions de sondage pour obtenir les résultats escomptés. On the other hand, if the executor or personal representative doesn’t move things along in a reasonable amount of time, the court, the heirs or the beneficiaries may intervene. 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