2007-05-28 05:44:01 · 4 answers · asked by lrodky 1 in Business & Finance ➔ Other - Business & Finance
depends on the state and lawyers,,if that person owed the state money-everything would have to clear the state first,,each state has different laws in regards,,then the lawyers,,,it may take about a month,,but chill,,,do urself a favor,,put it up in a savings for at least a year so u wont toss it away on sumthing u THINK u gotta have,,that happens alot..I wish u luck
2007-05-28 05:53:44 · answer #1 · answered by donttrustsnowmen 5 · 0⤊ 0⤋
Sorry for your loss.
It depends. My father died 18 months ago. I got some money, from an account that didn't have to pass through probate, in about a month. For the assets in the estate that had to pass through probate, I got the first distribution about 8 months ago, and will probably continue to get distributions until the end of this year, when the estate will likely be settled.
However, my father's estate had lots of tax issues that took almost a year to resolve, and a lot of his assets were in real estate, which takes longer to liquidate, so if your relative's estate doesn't have those types of issues, it could be a lot sooner.
2007-05-28 12:51:53 · answer #2 · answered by aj485 5 · 0⤊ 0⤋
Depends on how complex the estate is, and if there is any property to be sold, but it's not uncommon to take a couple years to finalize.
2007-05-28 13:07:14 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
At least long enough for the corpse to get cold....be patient.
2007-05-28 12:55:04 · answer #4 · answered by my two cents 6 · 0⤊ 0⤋