Dealing with a relative who died without a will
By Jeff Wagoner, W M Law President
One of the most considerate things you can do for your family is to make certain that you have an up-to-date estate plan, even if you are in perfectly good health. It saves a tremendous amount of cost and stress and even heartache to have your affairs in order in the event you pass away unexpectedly. This blog is written for those people who have unfortunately had a loved one pass away recently, and to make matter worse, that loved one did not have an estate plan. If you are the person who has the responsibility of wrapping up that loved one’s estate, you are likely feeling overwhelmed at the moment. You are probably feeling a little nervous as well, especially if there are other family members who are depending upon you to liquidate the estate and share the proceeds with them. If not done properly, you could even find yourself dragged into court to answer as to what happened to the decedent’s property.
Many times, there are rumors that a deceased family member had assets worth far more than they actually were. For example, a family member who always lived in a nice house […]