my grandma died over ayear ago and i was left a third because my dad died five years ago and i was his only child so his third was passed down to me. my uncle is the power of estate and has done nothing to settle the estate. my grandmas house was worth over $550,000 at the time of her death but now that it has been over a year since anyone has lived there it is losing value so we are losing money. i want to know what my rights are. she did have trust which i have a copy of.
2007-03-28 02:27:49 · 6 answers · asked by jmpoct03 1 in Politics & Government ➔ Law & Ethics
Talk to a lawyer and get them to serve notice on the other inheritors that you want to liquidate your part of the inheritance.
They will then have to either buy your stake in the house, or sell it.
2007-03-28 02:30:19 · answer #1 · answered by Weatherman 7 · 2⤊ 1⤋
Agree with the above posters and unless your Grandma left an explicit Will designating you as a heir, that in most States, the right of living heirs will be to your Grandmother's living offsprings only, which would not include Grandchildren unless specifically indicated in a Will...there is no such thing as being "passed down" because your Dad died several years ago and you would have no rights.
To be sure of this on the State where you live, contact a Probate attorney.
2007-03-28 03:26:02 · answer #2 · answered by bottleblondemama 7 · 0⤊ 0⤋
First - talk to your uncle. Is there a reason he's delaying? He may well have a good reason that he hasn't told you about. And it might be that his reasons will benefit you as well as the other heirs.
If you don't get a straight answer, or don't like the answers you get, or think he's just stalling - go see an attorney.
Many people here may have an opinion, but you need trained counsel. If you need to hire your own attorney to make your uncle move on this, it will cost you something. But is it better to pay a small part of the inheritance to the attorney and get most of it, vs. having none of it?
2007-03-28 02:32:46 · answer #3 · answered by Ralfcoder 7 · 0⤊ 0⤋
You have a lot of suppositions, but your facts are a little hazy. YOu need to hire an atty. Your grandmother's will may or may not have passed you a 1/3; it would have to be looked at by a professional to know. Power of estate I assume means he is the executor. Terms of the TRUST may also effect the will.
Get a copy of the will from the county and see an atty.
2007-03-28 02:31:28 · answer #4 · answered by wizjp 7 · 1⤊ 0⤋
The big question is: Did she have a will?
The laws are different for each state. You can check the succession and estate laws in your state or contact a probate/estate planning attorney.
2007-03-28 02:35:16 · answer #5 · answered by shmigs 3 · 1⤊ 0⤋
I dont know what to tell you because I have never been left anything from an estate not to mention any extra money from nothing or anyone!!!!!!!!!!!!!!!!!!!!!!!!!!!
2007-03-28 02:32:41 · answer #6 · answered by Anonymous · 0⤊ 3⤋