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I need legal advice regarding father in law's estate- PLEASE
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<blockquote data-quote="DammitJanet" data-source="post: 449601" data-attributes="member: 1514"><p>Well, we didnt have to go to probate with my dad's estate because everything was left to my step-mom. There was a bank account in my name and several insurance policies evidently in her name and then there was a small one that was found in my mother's name that eventually became mine. In actuality, your house is now your mother in law's...sigh, unless your father in law left it to you in his will. </p><p></p><p>As far as I know, my dad didnt have a will. I cannot believe that but I have to believe it because that is what I have been told and no lawyer ever contacted me. My step-mom just gave me what she knew my dad wanted me/my kids should be given. Not a whole lot. </p><p></p><p>I hope your father in law's will is more iron clad than my situation. However, if that house isnt actually dealt with in there it could be an issue. I so hope it doesnt become so huge family fight but when death occurs, money becomes a really big deal.</p><p></p><p>Ohhhhh yeah....this could also be a problem with the house and estate taxes too this year. I dont know what his estate looks like but with that house and the value, I do think maybe a visit with an attorney or a CPA might be worth a visit because it may have tax implications. I think the estate tax thing has changed this year.</p></blockquote><p></p>
[QUOTE="DammitJanet, post: 449601, member: 1514"] Well, we didnt have to go to probate with my dad's estate because everything was left to my step-mom. There was a bank account in my name and several insurance policies evidently in her name and then there was a small one that was found in my mother's name that eventually became mine. In actuality, your house is now your mother in law's...sigh, unless your father in law left it to you in his will. As far as I know, my dad didnt have a will. I cannot believe that but I have to believe it because that is what I have been told and no lawyer ever contacted me. My step-mom just gave me what she knew my dad wanted me/my kids should be given. Not a whole lot. I hope your father in law's will is more iron clad than my situation. However, if that house isnt actually dealt with in there it could be an issue. I so hope it doesnt become so huge family fight but when death occurs, money becomes a really big deal. Ohhhhh yeah....this could also be a problem with the house and estate taxes too this year. I dont know what his estate looks like but with that house and the value, I do think maybe a visit with an attorney or a CPA might be worth a visit because it may have tax implications. I think the estate tax thing has changed this year. [/QUOTE]
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I need legal advice regarding father in law's estate- PLEASE
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