wills and estates
my mom is the executor of grandma's ( clara) estate yet left many stocks still in her ( clara) name. mom died and left no will. can i assume that clara's stocks are now part of my mom's estate and only petition one estate, or do i have to treat each seperately?
Asked on 4/30/09, 12:03 am
1 Answer from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: wills and estates
Stocks are part of Clara's estate. Clara's stocks must be distributed in accordance with her will. Therefore, her will must be probated.
Upon transfer of Clara's stocks in accordance with her will to mom, mom's will must be probated.
So, to answer your question, each must be treated independent.
Mike.
Answered on 4/30/09, 7:46 am
