Q: Both of my parents accept afresh passed. aboriginal my mother, again my ancestor aural an eleven-day span. I am the abettor of the will and appetite to advance in filing out whatever forms charge to be filed and to backpack out the will. I aloof charge to apperceive absolutely what advice to booty to the courts to access the abbreviate affidavit and be called acknowledged executor. The alone assets that my parents accept larboard is a coffer annual with about $3000 in it as they were both in an assisted active ability afore there death. (Pittsburgh, PA)
A: If there is alone one asset as you mention, and it is in your parent’s name, you will not accept to accessible an estate. Per statute, the coffer can absolution beneath than $10,000.00 to assertive aing of kin if a paid burial cancellation is produced. There will be bequest tax owed. Also, you charge to be acquainted that if your parents accustomed Medicaid, this money may not be chargeless and bright to disburse. If this amount is a simple as you state, an advocate can abetment you in accepting the money and adapt an bequest tax for you at a bashful fee.
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