Estate Law Questions? Ask an Estate Lawyer.
Hi and welcome to JA. I am Ray and will be the expert helping you today.
Here the estate consists of any accounts, cds, stocks, etc. without a named beneficiary.
Most wills contain a residuary clause.A residuary clause is a provision in a Will that passes the residue of an estate to beneficiaries identified in the Will. For example, a testator could say: “I give all of the residue of my estate to my wife if she survives me. If my wife fails to survive me, I give all of the residue of my estate to my child or grand child..”
In that situation any other assets without beneficiaries pass through the estate and tot he named person in the residual clause.
Reference to that.
Probate lawyers in Sherman..
In this situation of there are no other assets the property may have to be sold and the child takes what is left after legal fees, etc are paid.Unfortunately if there are no other assets a sale is probably the only option.The court can appoint you personal representative and guardian for the child.
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Once you are appointed here personal representative you can order her last tax return from IRS. It will have W-2 or 1090 from any bank accounts, stock, etc and you can check on those from there.
You can order mothers prior return form IRS to check for accounts, assets and to then locate them.Anything that paid interest will have a 1099 or W-2 with account numbers.