Hello everyone. New poster to this board. I did put in some key words to search for an answer in case this question has been asked before but nothing was shown.My MIL passed away. For estate planning reasons, the title to the house was put in DH name in the late 60's (MIL lived in house since late 40's; FIL deceased). She has a trust in which the trustee (a worthless bank which shall remain nameless) is the executor. (Please--no comments on this part--after talking to her about having DH as executor, her attorney talked her out of it).Question--who owns the contents of the house, DH as owner of the house therefore he can dispose of the contents as he sees fit, or is it part of MIL estate in which the bank must inventory the contents and get an appraisal and add the value to her estate? The property is in Illinois if it matters. Thanks for the input.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<