The business would pass through the residuary clause if it is a probate asset. There is no requirement that it must be specifically devised.

You can file an affidavit of Heirs for starters. If it is challenged, you then will need to submit birth records and death records showing the...

My sister lived and passed in Clearwater Florida. I live in Texas.

You will need to file for probate in Pinellas County Florida where she resided. You will also need a lawyer to file the papers for you, who will...

Yes, you can include it in the petition and order for summary administration. That way the attorney fees are paid directly from the settlement...

Right to survivorship

Generally yes. If your children are over 18 this is definitely true. If you have minor children, the consensus opinion is that homestead...

Inherited Cash and Stock

When you inherit property, you only pay income tax on gains since the death of the decedent. For example if your mother died on June 1st and the...

If you inherit IRAs, can you still contribute to your own Roth IRAs and Traditional IRAs separately?

Yes, you can still contribute to your own IRAs (regardless of whether you have an inherited IRA).

What is a Personal Representative supposed to do with a car? What are my options?

If the car was not specifically left to anyone in a will (or there was no will) and the beneficiaries (your parents) do not want the car, you...

Mr. Goldman gave a great answer. To clarify for you, It appears you qualify for homestead protections under Florida Statute 732.103 (5), which...

Our Mother life Insurance has 1 Beneficiary listed. Our Father, but he has passed away.

Generally, the insurance policy will default to the estate of the owner if there are no living beneficiaries. However, you should contact the...