Legal Question in Wills and Trusts in Texas
My mother-in-law sold some stock she owned but she had willed it to her brother upon her death, her brother died before her and her brother's family thinks they have ownership of the stock or monies from the sale of the stock. Do they have a right to the monies from the sale of that stock?
Asked on 3/02/10, 12:29 pm
1 Answer from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
No. It is well settled that if an asset is sold prior to death that is specifically devised in a will, there is no cash offset unless the will specifies such. This most often happens with cars and houses.
Answered on 3/07/10, 12:41 pm
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