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Subject:  Recent death in the family... Date:  1/18/2000  7:35 AM
Author:  billjohn Number:  25352 of 127616

My mother-in-law recently died leaving a small estate to, presumably, my father-in-law. I say "presumably" because there is no will. The real estate, checking and savings accounts are in joint name. She owns approx. $200k in MO stock from a profit sharing plan. I believe my father-in-law is the beneficiary of the custodial account with the stock (Chgo. bank).

My questions are: (1) will this go through probate (Indiana), (2) will the stock be included under the marital exemption, and (3) will the stock be re-valued at today's market price.

Thanks, Bill
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