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Thread: Will payout

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    Will payout

    I'm kind of embarrassed to even ask this question but how long does it usually take to get an inheritance? The person in question passed away about 9 months ago and his house sold over 3 months ago. What else could be holding it up.

    I would ask the person in charge but I feel a little embarrassed since I barely knew the person and it's not that much money.

    Any ideas?



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    Re: Will payout

    You should go to church and pray.



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    Re: Will payout

    It really just depends..... some estates settle in less than a year and some can drag out 2-3 depending on what all needs to sell or be resolved. There's no way for anyone here to help..... you would have to ask someone involved with that specific estate.



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    Re: Will payout

    So once everything is sold/paid off what else is there to wait on?



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    Re: Will payout

    settling all debts of the deceased.


    John Walters is my hero

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    Re: Will payout

    When my great-uncle passed away a couple years ago I received a check within a month. But, that was from a retirement account not proceeds from selling property.



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    Re: Will payout

    Your going to hell.



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    Re: Will payout

    If there is any outstanding claims against the estate, they have to be settled before anything is released to the executor of the estate. Like someone said before, there's no way anyone on here could help ya out with that one.



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    Re: Will payout

    Most estates in Iowa take about a year. They have up to 3 years to get it resolved before the court cracks down on them. Right now, they are probably waiting on certain tax clearances which give them the ok as to resolution of tax matters. Once they get that tax clearance, they'll proceed. Like everyone said, it is really dependent upon the estate's particulars.



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    Re: Will payout

    Quote Originally Posted by dmclone View Post
    I'm kind of embarrassed to even ask this question but how long does it usually take to get an inheritance? The person in question passed away about 9 months ago and his house sold over 3 months ago. What else could be holding it up.

    I would ask the person in charge but I feel a little embarrassed since I barely knew the person and it's not that much money.

    Any ideas?
    You could always look in the courts system files yourself. Might have some clues there. Or call the attorney (if there is one) handling the estate and ask.



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    Re: Will payout

    Quote Originally Posted by Knownothing View Post
    Your going to hell.

    I doubt he'll miss his " " that much. Now if you had said "You're going to hell", he might be a bit more worried....












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