Archive for January 22nd, 2006
As a “fudiciary” to my late mother, why do I have to go through probate?
LionBoop asked:
I think I understand it for the most part. My concern is that my mother didn’t have any assets. A house purchased with my brother and that’s it. A life insurance policy that’s just enough to pay for funeral expenses and possibly a headstone. I’m her eldest child named as the beneficiary to this life insurance policy. She was on state assistance about 15 years ago. (In CT) will they try to claim this little bit of insurance and leave us stuck with the funeral expenses? Her “estate” consists of this house which now belongs to my brother, “in survivorship”. Any advise is greatly appreciated.
Lesli Workman
I think I understand it for the most part. My concern is that my mother didn’t have any assets. A house purchased with my brother and that’s it. A life insurance policy that’s just enough to pay for funeral expenses and possibly a headstone. I’m her eldest child named as the beneficiary to this life insurance policy. She was on state assistance about 15 years ago. (In CT) will they try to claim this little bit of insurance and leave us stuck with the funeral expenses? Her “estate” consists of this house which now belongs to my brother, “in survivorship”. Any advise is greatly appreciated.
Lesli Workman