My now x mother in law bought my husban and me a a plot each when my father in law died since then my husban and i have divorced

If the plot was gifted to you and your name is on the plot-it's yours. If your name has been removed-see an attorney.

If an estate that began in formal admin. be bumped down to summary admin. when estate goes to less than $75k?

I would say-No-because summary is a simple procedure with no creditors and just because the assets diminish during the proceeding is not a valid...

I'm inheriting my brother's 401 as 'beneficiary'. The ins. company that administers it has warned me of tax implications.

Agree with previous answers. If you withdraw money from 401K-it will be taxed even if used to build a house.

Can I buy my father's house through a short sale?

The short sale agreement with Bank can be structured to forgive the difference so neither you or estate would be liable. You should have the tax...

You are married and you receive an inheiritance, is your spouse intitled to half also?

Thanks for question. The question has multiple anwsers depending on circumstances. First-while you are living and married-you can keep it...

My sister and I inherited a house in Fl from my father.. we would like to add my husbands name to the deed..

An Attorney can prepare new deed signed by both of you to the three of you. Your sister would be making a gift to your husband and should seek...

Yes-a quit claim deed is stronger than a will. The deed should be recorded and a matter of public record. If you feel undue influence is a...

Probate Property Damage

One solution-your son can pay or sign promissory note for damages.

Teen

I am Florida attorney but this seems like a general question. Teens get traffic tickets,have school administration problems, shoplift,criminal...

Is a personal rep required to provide notice of inventory value for each asset?

Yes-the personal representative is to file and give each beneficiary a copy of an inventory of the estate. The inventory can be based on month end...