Father left a small estate and no will, is a lawyer needed?
A Small Estate Affidavit may work when there is no will and the deceased does not have much in the way of assets.Q: My father died with no will. His larger investment accounts were payable to my brother and myself. We have already split his personal possessions. He also had three bank accounts that were not set up as payable on death. The combined amount of the three accounts comes to approximately $35,000.
Q: My brother-in-law passed away with a will. Two siblings each got one-third of his assets, and four nieces and nephews split the other third. The estate includes two homes and a vehicle. Do all six relatives have to agree to sell the properties and the vehicle? Does the probate lawyer handle the sale of the assets and divide the money from the sale per the distribution provisions in the will?The will should name a person to serve as executor.
Sometimes, the title company handling the sale will ask for all the beneficiaries to sign certain papers at the closing. More often, only the executor's signature will be needed on all of the sale-related paperwork.
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