Legal Question in Wills and Trusts in Florida
probate
My mother-in-law is about to pass away.she owns no real estate.she owns some stock,owns several cd's and owns a car.she owes nothing on her car.all above are in joint accounts with my wife's name added.only the car is in my mother-in-law's name only.why does she need a living trust?
Asked on 3/02/03, 7:21 pm
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: probate
All jointly held property goes to the survivor. Title to the car will have to be changed. Speak with DMV as to what they need. No trust needed.
Good luck.
Answered on 3/02/03, 10:34 pm