Legal Question in Wills and Trusts in Florida

executor

Yes, My dad had a will, I was named executor.He also put my name on everything he owned,so his estate wouldn't have to go to probate. The house is to be sold and cd's are to be split between my 2 other siosters and my self.now greedy sister wants her share .I am worried about if there is more expence with the sale of the house.and taxes.

I feel i need to keep the cd's as back up incase there is a problem with the house, .Then after the sale split everything the 3 ways.Am I correct?


Asked on 10/24/08, 12:50 pm

1 Answer from Attorneys
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

Re: executor

If your name was on everything and you owned it as a joint tenant with right of survivorship, then you own 100% of it. Sounds like you are going to try to follow your father's will, but now that you won 100%, there may be gift tax implications if you sell and then give your sister a large sum of money.

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Answered on 10/24/08, 1:38 pm


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