Q: After my father passed away he received the last check from his mother's estate (my grandmother)
My question involves estate proceedings in the state of: Indiana
After my father passed away he received the last check from his mother's estate (my grandmother) who had died prior to my father. Does that check have to be deposited into my father's estate account, or can the check be split between myself and my sister, the only heirs?
A: I cannot comment on Indiana law, but I can comment on Colorado law. The estate rules for this matter should be very similar between states. In Colorado, the check from the grandmother's estate should be deposited in the father's estate (esp. if the estate is still in probate). Then the check should be paid out per will/instate rules ALONG with all other property from the father's estate as the estate is closed. DO NOT distribute the check early. If you or your sister need the money or the estate needs the money, there are ways to provide early distribution BUT this is a complex matter, so you should consult with a lawyer or visit your local courthouse's self-help office for guidance.
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