Will I receive my inheritance now?

Question

My grandma passed away a little while ago, and soon after
I received a copy of her will which said I will be willed a small
inheritance, I think it was for $5,000


I was told, everything had to go to probate and be sorted out before I would receive anything.
This was around April 2007.

Today I received more papers from her personal representative, but I do not understand what they are for.

It is the Inventory of all my grandmothers assets
and it list all of her properties and the market value's.
Total assets = $345,252.42

I am mementioned the one time in her last will
to receive $5,000 from what I have read and understand.

Do I have anything to do with the inventory and the total?
why was it sent to me?


And does this mean probate court is finished?
When could I get my inheritance?



Thank you for your help
: )

Answer 1

The inventory is just a required probate pleading and as a heir, you will get copies of many documents that do not apply to you. You have a specific bequest and that bequest has priority over general bequests. We can't tell you when you'll receive the money. The more important pleading is the "Notice to Creditors." In my state that gets published twice in the legal section of the classifieds and establishes a 2 month time period for persons to assert claims (alleged debts) against the estate. It sounds like you are very close to the end of this probate, but you should ask the executor when you will be paid (this office is called administrator or personal representative in some states). My guess is that you should be paid very soon, but that's just a guess. When I do a probate, the inventory is one of the last documents I file.

Answer 2

Because you are named in the will, you have an "interest" in the court proceedings. The law requires you to receive copies of certain documents.

The inventory was filed by the executor so that the court can see what is available to be distributed to the heirs.

The probate case is not done yet. When it is, you will receive your inheritance, if there is enough in the estate to give it to you the way your grandmother asked.

If you need to know more about when it will all be done, talk to the executor.

Answer 3

I would imagine that the majority of assets in your grandmothers estate will go to her direct siblings. She seemed kind enough to remember you as well and once any issues with taxes and whatnot are finished in probate you will get your inheritance.