Legal Question in Wills and Trusts in Florida
Deceased mother with no will
She had stocks, my sister & I were told that she had it set up to be divide evenly between the both of us, yet they claim that there are no beneficiaries. What do we do?
2 Answers from Attorneys
Re: Deceased mother with no will
Without a Will or any named beneficiaries, the assets would go to the children and the surviving spouse (if any)as required by statute.
Re: Deceased mother with no will
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If she failed to set up the stocks with a beneficiary, you will have no choice but to file a probate of her estate. You should meet with an attorney to complete the necessary pleadings to get it filed. One of you (or both) should serve as her personal representative. The Court will determine a fair distribution of the stock and any other assets.
Scott R. Jay, Esq.