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Can my aunt (executor of estate) not let me get my share of my fathers estate money? |
Ok, so my father passed in march of 2006. There was some kind of will otherwise your aunt could not hold that position. the aunt theoretically could give you nothing - but in absence of a valid will, I would guess that the assets would be liquidated, debt satisfied, and the remaining distributed to next of kin equally. To venture from that she would probably have to show that you are incabable of managing your own finances (ie. under 18, etc.) first of all you need a good attorney, since there was no will signed,then the estate has to be divided equally.. the execuator 0f the estate has to put aside all funds from the sale of any property,, the execuator can claim a reasonable amount for doing this work,,, once the sales are complete and the money in the bank , then the execuator must pay all outstanding debts owed by tour father,, secured debts comes first, then unsecured,, then what is left is diveded among the children ,,,in this case,,, provideing there is no wife... First there is no account called the estate. The 'estate' is whatever your father owned when he died. Next, if your aunt was named executor (executrix?) of the estate, only her signature is required to dispose of the property of the estate. After any debts owed by your father are paid, whatever remains in the estate must be distributed to the legal heirs. Each state has its own rules for how to distribute an estate if no valid will exists. these are know as 'intestate' laws. We seem tohave alot in common @ themoment. It sounds like you need a lawyer so things will be transparent and clear to all sides so you can greive. |
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