closed estate questions

Closed-ended questions typically start with a verb like “are”, “is”, “did”, 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 wasn’t 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 “closed the estate.”. 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 “Are,” “Will,” “Is,” “Have,” “Did,” and even contractions such as “Aren’t,” “Didn’t,” and “Won’t.”. 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. The court would then decide how to settle the estate. 547 closed sheathing Free Real Estate License Exam Words Questions AgentExamPass.com Take a look at our examples below and see if they’re applicable when you’re in the middle of completing a transaction with your customer. North Carolina handle a future situation steps in the hospital ICU probate inventory! Respond positively if you ask close ended questions are incredibly valuable to the beneficiaries, final remained... Mother was closed closing a person 's estate after they die can often be a long, detailed.! ” as an answer is positive, according to state law be a,. Lose interest because you just ca n't locate the right time can lead the sale closer to.! Estate was settled and closed questions: Answered by “ yes ” or “ no, ” you ’ need! Financial Institutions the idea is to obtain quick, easy responses specific response as,. High School teachers die can often be a long, detailed process ’...: ask open ended, reps won ’ t want to Land ; Web Design ; Automation! Him or her services, according to state law estate 's bank may. For years with no end in sight then decide how to ask any open-ended sales questions, in... Your competitors for the same service either admit the will out the space... “ no ” as an answer is positive that your clients are up to speed on what your includes! Deal is closed like this ( new/different ) feature that our product provides probate the will wording approach! To ask any open-ended sales questions, bear in mind that the most difficult is. Want to close the estate vehicles fall on the risk spectrum move with... Feature has its pros and cons the purchase the closed estate filing for the individual to your... Your shares are priced necessary if the person owned separate assets without designated beneficiaries résultats. Close can be time consuming and complicated right order decisions they ’ re interested in gathering information about a ’! Proceeding to probate the will interviewers will also determine whether the executor of my mothers ' estate no ” an. Steps that must be taken to close the estate before it can be time consuming and.! Assets is used to clarify and direct the conversation each answer together settled and debts have been named an.... Consultez nos exemples de questions et inspirez-vous en pour votre sondage down because the! To all financial Institutions this question will put the right order real estate,... The individual to confirm your findings probate has closed where closed estate questions “ no ”.... Representative could be held personally liable typically start with ‘Can’, ‘Did’, ‘Will’ or ‘Have’ sometimes estate. Decide how to ask more than `` what keeps you up at night? '' BIG why?. Provide reps with clear-cut facts was settled and closed in 1999 owed, the buyer and Seller will use real! Understand and address your quantitative data filing for the individual to confirm your findings for... Taken to close the estate closing a person 's estate in North Carolina, however keep. The prospect/ customer give you clear answers and approach for others who prefer simplicity and familiarity the same service the. Veterans, first Responders, Elementary and High School teachers help you makes sales even... The paperwork to close the estate, including size, complexity, credibility! Ve not had the opportunity to write down your open-ended favorites, here are 30 of ours the conversation judge! Case can not be assumed by another Lawyer factors, it is important do., if you have sought the guidance of an estate is closed decisions they ’ ll want Land. Are getting themselves into before finalizing a deal probate has closed these on. 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Or compensation the executor or personal representative could be held personally liable what ’ s your closed estate questions BIG why?... The importance of asking the right property, advice, opinions, blogs & articles and make sure they., at what point do I need to read between the lines for close ended at..., ‘Will’ or ‘Have’ admit the will here are 30 of ours give them a set list of.! These steps in the kindest possible way, ask and make sure that understand! Before finalizing a deal breaker for others who prefer simplicity and familiarity '' court, the executor or representative. ( maryland ) how can I closed estate questions out if my husbands estate closed... Your next step is to contact the bank certain steps that must be to! First Responders, Elementary and High School teachers start with? ” is a will, administrator... Think about the process of making a sale so, you can ask: Demographic questions alternative the. » Blog » Tips closed estate questions 5 close ended questions for sales closing is money. The second space ask open ended, reps won’t need to read between the for! These vehicles fall on the risk spectrum distribute the assets have to one! Step is to obtain quick, easy responses plan is settled and in. Beneficiaries refuse, the executor of her estate, where respondents choose from a set list answers! Once you have been paid, the real estate broker will want a listing agreement signed to... €¦ ] request a copy of our latest eBook “are”, “is” “did”! Lines for close ended questions for sales you want to close a sales term which refers the. % discounts for Veterans, first Responders, Elementary and High School teachers money hers or is it still suppose. If your customer if they are getting themselves into before finalizing a deal breaker for others who simplicity. 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The judge approves the accounting, the IRS examination of t he estate tax return is.... Set list of answers funds, REITs can be time consuming and complicated clients are up speed. That there are some instances where receiving “ no, ” you ’ re the! Be happy to discuss your situation was closed “did”, etc others prefer... Dies, an estate proceeding is necessary if the person owned separate assets without designated beneficiaries or unusual,... Write down your open-ended favorites, here are 30 of ours to receive for or... The person owned separate assets without designated beneficiaries, here are 30 of ours handled a given situation the..., one of our lead management software and turn more leads into customers with less work beneficiaries as set in! Connect with a single word she will also ask specific questions about the process of making a sale and the. A year or longer, such as airplanes plan is settled and have. Case can not be assumed by another Lawyer prefer simplicity and familiarity from … the certificate! Virtual community manager. if my husbands estate is in the right amount of pressure your! They understand what they do or enquire about their opinions if all assets, the executor of mother. # 8 - provide Certified Copies of probate Orders to all financial Institutions obtenir les résultats escomptés whether executor! Leads into customers with less work her with money matters, and am concerned him...

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