Dad's estate
My dad died 2 months ago without a will. He was the only child to parents who died more than 7 years ago, but has done nothing with their estate. I am his only child and he was married for 11 years to my stepmother. Without a will from him, what happens to what was my grandmothers estate, when I am the only blood descendant? Also, what is a bond and should I sign a waver so dad's estate doesn't have to buy one?
Re: Dad's estate
You should hire a probate attorney. A couple of things you will need to do is 1. Determine if your grandparents had a will and probate their estate. You will need to "clean" that up, especially if there was real estate that may require cleaning up title to the assets.
2. As in the previous response from Duke, if your stepmother was still married to your father, the distribution goes as follows:
30-2302. Share of the spouse.
The intestate share of the surviving spouse is if there are surviving issue one or more of whom are not issue of the surviving spouse, one-half of the intestate estate.
Issue is a term that basically means children. Basically, at first blush, it appears your stepmother will receive 1/2 of your father's estate.
3. The bond requirements depend upon if you trust or know the Personal representative. If the Administrator/Personal Representative of the estate is yourself and you anticipate any problems with the heirs, I would get a bond to protect yourself in the event of any errors.
Hope this helps.
Re: Dad's estate
You should hire a probate attorney. A couple of things you will need to do is 1. Determine if your grandparents had a will and probate their estate. You will need to "clean" that up, especially if there was real estate that may require cleaning up title to the assets.
2. As in the previous response from Duke, if your stepmother was still married to your father, the distribution goes as follows:
30-2302. Share of the spouse.
The intestate share of the surviving spouse is if there are surviving issue one or more of whom are not issue of the surviving spouse, one-half of the intestate estate.
Issue is a term that basically means children. Basically, at first blush, it appears your stepmother will receive 1/2 of your father's estate.
3. The bond requirements depend upon if you trust or know the Personal representative. If the Administrator/Personal Representative of the estate is yourself and you anticipate any problems with the heirs, I would get a bond to protect yourself in the event of any errors.
Hope this helps.
