Legal Question in Wills and Trusts in Arizona
Distribution of monies from an estate
My question is that what happens to proceeds from an estate of which the siblings are both deceased. My husband's grandmother passed away in 1985, her second husband passed away in 1996, he occupied the home that would eventually would be sold. My mother-in-law passed away in 1994, her brother the previous year. Are the spouses entitled to the proceeds from the grandmothers home? Should the proceeds having gone to the grandchildren? My father-in-law took the share of the proceeds that my mother-in-law would have received and did no inform my husband, nor his elder sister of the transaction. Was this legal? There is a sizeable amount of money that should have been split three ways. What should be done?
3 Answers from Attorneys
Monies from the Estate
If beneficiaries pass away, then you would first look to the Will for the next beneficiary in line. If that does not provide your answer, its the law of intestacy of the State of the decedent. You should contact an attorney experienced handling estates in this State. You should probably expect that the spouses of deceased beneficiaries will take nothing from the estate in question.
Distribution of monies from an estate
In what state did the decedent reside (call home)? And what state are youin? What do you mean, sizeable? Please write to me and be more specific.
My standard boilerplate:
This message is provided to assist you in structuring your thoughts when you speak with an attorney about your situation. I am not your attorney, and you are not my client, so this is not legal advice. Legal advice can only be given after a careful interview of the client by the attorney, and I have not had the opportunity to understand the significant issues that I must understand to render legal advice. You should contact an attorney in your state to discuss your situation. That attorney can give you the advice that your situation deserves, after carefully considering the issues that are legally significant in your situation.
MONIES FROM ESTATE
YOUR INQUIRY DOESN'T GIVE ENOUGH FACTS TO GIVE AN INTELLIGENT REPLY. FIRST YOU DIDN'T SAY WHETHER THERE WAS AWILL OR NOT. IF WITHOUT A WILL THEN THERE MAY BE SEVERAL ESTATES TO ADMINISTER. SUGGEST YOU CONTACT AN ATTORNEY IN YOUR AREA