Legal Question in Wills and Trusts in Florida
probating an estate
My father passed away and my sister currently resides in his home. She is also executor over the estate. We have agreed to sale other properties in the estate to pay off 50k in debt to the estate. She states that the home she currently resides in is not part of the estate and should not also be for sale to pay off the debt. My questtion is , why wouldnt his home at the time of death (the one she resides in) not be a part of the estate for sale ?
3 Answers from Attorneys
Re: probating an estate
Go to the Registry of Deeds and check the title. Did your father deed the property over to your sister prior to his death or was it jointly owned? If the answer to either question is "yes," then it's out of the estate unless you can prove that your sister received it as a result of fraud or undue influence.
If the answer is "no," then check the will. If the house was left to her, see whether the will exempted the house as a source of funds to settle debts. Otherwise, your sister is probably obligated to buy it from the estate if she wants to keep it and her share of the estate will be proportionately reduced to settle the debts.
As always, check with a LOCAL probate attorney concerning your rights and local law.
Re: probating an estate
I would assume the house is homestead property of your fatehr and as such is free from the claims of creditors. It should not then be sold to pay creditors of the estate. Homestead property is technically not a probate asset. Still, if it was titled in your father's name it will pass to the heirs under the will or by statute. Of course, if your father had transferred title to your sister prior to his death you are facing another issue here.
Re: probating an estate
Unless the house was owned by them jointly, it is part of his estate.