Well kind if a family member, my wife's ex, they have a daughter together.
He has a house in his name only from what I can find on a title search. Zillow says it's worth about $437K. He and his leech brother were living there, the leech is still there. He and his daughter were working on a will, and she recorded him telling her what he wanted in a will. And a last week few days later on the 20th while he was apparently making a cake dropped dead. He was 66. I'm 68, kinda makes me think.
Anyway, his daughter is 24 and has about $2k in the bank. So I offered to pay for the cremation. And apparently I'm going to front the $5k for an attorney. Without an attorney, I'm told she can't inherit the house. There is also a loan he had, but we can't find out if he used the house for collateral. The bank won't talk with us and a title search doesn't say anything other than he is the sole owner of the property. I'm concerned if the loan was secured using the property for collateral that the loan will default, and they start foreclosure proceedings and take the house for the $40K amount of the loan. I can pay the payment, but don't know who to pay.
From what the funeral home told us is that they have to notify social security, and they will in turn notify his bank and his accounts will be frozen. He had everything on autopay and the loan was paid on the 25th. The water, power, cable will be shut off which may be a good thing to hopefully get rid of the leech brother. I was thinking of shutting everything off now, but my wife thinks we should ask the attorney before doing that. I guess I'm going to be the executor of the estate. I hope I'm able to get my money back somehow.
We also took his dog, we really didn't need another dog buy she is 11 years old, and the shelters won't take her. She gets along with our dog and cat, so we have another lab.
I guess into each life some rain must fall.
He has a house in his name only from what I can find on a title search. Zillow says it's worth about $437K. He and his leech brother were living there, the leech is still there. He and his daughter were working on a will, and she recorded him telling her what he wanted in a will. And a last week few days later on the 20th while he was apparently making a cake dropped dead. He was 66. I'm 68, kinda makes me think.
Anyway, his daughter is 24 and has about $2k in the bank. So I offered to pay for the cremation. And apparently I'm going to front the $5k for an attorney. Without an attorney, I'm told she can't inherit the house. There is also a loan he had, but we can't find out if he used the house for collateral. The bank won't talk with us and a title search doesn't say anything other than he is the sole owner of the property. I'm concerned if the loan was secured using the property for collateral that the loan will default, and they start foreclosure proceedings and take the house for the $40K amount of the loan. I can pay the payment, but don't know who to pay.
From what the funeral home told us is that they have to notify social security, and they will in turn notify his bank and his accounts will be frozen. He had everything on autopay and the loan was paid on the 25th. The water, power, cable will be shut off which may be a good thing to hopefully get rid of the leech brother. I was thinking of shutting everything off now, but my wife thinks we should ask the attorney before doing that. I guess I'm going to be the executor of the estate. I hope I'm able to get my money back somehow.
We also took his dog, we really didn't need another dog buy she is 11 years old, and the shelters won't take her. She gets along with our dog and cat, so we have another lab.
I guess into each life some rain must fall.
