Q: My uncle passed away about 5 years ago , my dad is only surviving sibling. How can my dad gain the rights to those funds
A: Hello and thank you for using JUSTIA.In order for your Father to inherit from his brother, your Uncle, the
A: Hello and thank you for using JUSTIA.
The order of Inheritors is as follows;
First are the children and descendants. If none then we go to Parents and ascendants. If none we then go to spouse. If none we go to siblings. At this level all siblings inherit dead or alive. Those that have died are replaced by their children.
An Estate must be created for your Uncle and any other deceased sibling. This is known as Probate. Each Probate has a cost of $ 1,500.00 and includes the while process. Once the Probate is done then the inheritors do the liquidation of the Estate which is get the funds. The liquidation process has a legal cost of 15% and can be done by the inheritors at no cost
If you need additional information feel free to contact me directly.
Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.
The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.
Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.