Questions/Answers
In regards to wills, in orderto sell the deceased estate,does the will need to beprobated?
Also does the estate need to be sold first before the total payments are given out to relatives?
Estate Wills: If a man dieswho should get his money andhouse...the stepmother or theadult children?
I am wondering how it usually works? They have been married 10+ years. Is it spilt up typically, or how does it become distributed? Thanks If I undersand it right, the stepmother will get evrything and then when she dies it will be distributed to his kids.... But what if she spends it all and the kids end up getting nothing? Does that happen?
If there is a will it can not violate state law. For example if the father said it all goes to the kids, in most states that is a violation of state law where half must go to the wife. If there is no will, then the state law controls. If the children are adults, then the wife gets everything. If the wife did not adopt the kids, then they are not her next of kin and they get nothing when she passes away. The house and money would go to her next of kin, whoever they are, sisters, brothers, uncles, etc. If the wife did adopt the kids then they are considered the next of kin and her estate would go equally divided to the kids when she passes away. If the children are minors, half goes to the wife and half gets divided up for the kids. Her half would be covered like above.
When do you think the realestate market will go back upto where it was?
Just a guess, an educated one preferably.
are self prepared wills (willkits) a good option vs alawyer prepared will? Forun-complicated, small estate?
What is the acceptance of these self prepared wills?
As long as you are aware of the laws in your state (you can find them online) as to how many witnesses need to sign the will, etc., self-prepared wills are fine. If the will is prepared properly, they will be accepted just like a lawyer prepared will.
If I wanted to be a realestate attorney, how would Iget started? what are thesteps?
I know I would need to do my undergrad, and take my lsats, but what about after that? are there certain concentrations you can have in law school? any help would be great
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