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A final settlement can be made six months from the date of the grant of Letters Testamentary or Letters of Administration. If the estate is closed in less than one year, the final settlement is the only settlement.
Standard Compensation Alabama executors are entitled to reasonable compensation of up to 2.5% of assets received and 2.5% of disbursements. Ala. Code 43-8-848(a).
In Alabama, by statute, the maximum compensation for an executor or administrator (personal representative) of an estate in ordinary cases is two and a half percent of the value of the estate property received by the executor or administrator and two and a half percent of the value of the disbursements from the estate.
The probate process in Alabama can take anywhere from six months to several years. The complexity and size of the estate will largely come into play.
Probate can be filed by the named executor, any beneficiaries named in the will, or anyone with a financial interest in the estate. If probate is not filed within the given period, Alabama law will treat the estate as intestate.
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The probate process in Alabama can take anywhere from six months to several years. The complexity and size of the estate will largely come into play.
To be effective, a Will must be filed for probate within five years of the date of the testators death.
How Long Do You Have to File Probate After Death in Alabama? According to Alabama Probate Code, probate must be filed within five years after the death of the owner of the estate. It may be filed by the person named as executor in the will or anyone named in the will or who has a financial interest in the estate.
Heres a broad overview of what needs to happen: Determine the Type of Alabama Probate Proceeding to Open. Determine the Appropriate Alabama Probate Court (Jurisdiction) File a Petition with the Alabama Probate Court. Provide Notice to Spouse/Next of Kin. Obtain and Submit a Personal Representatives Bond.
Claims must be filed generally within 6 months. Generally the estate cannot be divided until all claims and expenses have been paid which is at least 6 months. Court must approve attorneys fees.

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