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re: OT lawyers and estate problem

Posted on 10/25/18 at 6:20 am to
Posted by 13SaintTiger
Isle of Capri
Member since Sep 2011
18419 posts
Posted on 10/25/18 at 6:20 am to
You make oweo seem like Albert Einstein. I would joke about Louisiana education but I doubt you finished high school.
Posted by LSUfan4444
Member since Mar 2004
57356 posts
Posted on 10/25/18 at 7:34 am to
I don't have time t read the thread (or any of the posts) but I think it all comes back to what did and did not go through succession before MIL passed.

quote:

To me, in Louisiana, Anything that comes from the parents to a child even after married goes to the child. Hence fore, what FIL got from his folks even being married, that goes to the his kids with out any will.


If there is no will it goes to the spouse. if the spouse does not carry out succession and the kids do then it goes to them.....but if the kids do not carry out succession either and just start making financial decisions I am of the thought that the MIL still has legal recourse to that money if she wants to carry out the succession.

Again, no attorney but unfortunately too much experience with death recently...dealing with a current succession situation now but I get confused AF sometimes too
Posted by Boudreaux35
BR
Member since Sep 2007
22281 posts
Posted on 10/25/18 at 7:38 am to
quote:

The quality of advice you’ll get here will correspond to what you’ve paid for it



And before I give any advice, I require payment of tree fiddy.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
33894 posts
Posted on 10/25/18 at 7:51 am to
What the hell are you trying to say man
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 10/25/18 at 8:46 am to
If your FIL willed his money to his 3 children and not his wife, then the money is the kids' to do with as they please.

You're saying they chose to take FIL's money and give it to his wife. Were taxes paid on those gifts? ANY documentation? Anything signed?

If not, a good lawyer could argue that those assets never legally changed hands from the children to the MIL. By opening the CDs she was a steward for the money, but without an official trust, tax or contractual documents, she never "owned" the money. In this case, the 3 children still own the money and should be considered their own assets, not MIL's. This would, in theory, protect the money from MIL's creditors.

All that said, it'd take a pretty ballsy (and expensive) lawyer to fight the creditors on these grounds.
Posted by deltaland
Member since Mar 2011
103819 posts
Posted on 10/25/18 at 8:49 am to
Your wife is entitled, from my calculations, about 350 dollars
Posted by DevilDagNS
Member since Dec 2017
3017 posts
Posted on 10/25/18 at 10:11 am to
Dying intestate is trashy.

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