Should We Do a Succession or Secession for My Father-in-Law's Estate?

[rbvernon]

I know this is not about PC but I do have a problem that I need help on.

My father-n-law pasted away on Saturday, and my hubby is the only child (my hubby mother is still alive). Well my mother-n-law & father-n-law is divorced (for the record). My FNL left everything to my hubby except for the house b/c it is still under my MNL & FNL. Anyway getting to the point. I wanted to know everyone is giving us different advice. I wanted to know if we should do a succesion/secession? Which one is it? Succession? or Secession? or do I have it wrong? I was told that we have to do one, if not we will get fined after 9 months(?).

My reason is b/c he has a lot of bills and we want to sell the house and pay what we can. My hubby & I want to keep his car (which he still owes on, but we think he has insurance to pay for it if something happens to him). Also the MAIN focus is that he said to us and a family member that he has a large amount (insurance policy) taken out; but we can't find anything on it. If we get a lawer to do the succession/secession, he should be able to find it. RIGHT?

My hubby & I are so lost and not sure what to do? If you have help us I would greatly appericate it.

 

[rbvernon]

bumping... i need help......???

 

[priscilla]

You need to talk to an attorney who specializes in this type of law (inheritance). This is some complicated stuff, and may involve quit claim deeds to sell the house, some bills may not need to be paid as he died, etc. Get professional legal help...and the bills may be paid for from the estate your DH inherited.Robin

 

[DebbieJ]

you need to talk to an estate planning attorney. This is not anything that your fellow PC consultants can help you with.

 

[WonderMonkey]

Follow the previous postings advice. I've been the executor of my step-fathers and grandmothers estate and will be for my other grandmother. It gets very confusing and there are many twists and turns especially if not all i's and t's are dotted and crossed. Go seek legal advice.

 

[jessicafawn]

First and foremost, I'm very sorry for your loss. Many of us could give you advice but even if it's in good faith it could be wrong. Since there are so many different laws that vary in each state we couldn't fully give you the right advice except to seek some professional legal help. I hope all turns out well.

 

[rbvernon]

thanks so much. i just really thought maybe some on went thru this and could give us advice on what we should do. i believe we are going to get a attorney.

thanks so much for your advice.