How money distributed when a property is sold but only one spouse is alive?
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How money distributed when a property is sold but only one spouse is alive?
About 3 years ago my mother died and then 4 months ago my father sold a property in which they were both owners. I wanted to know how the distribution of the money is among 7 siblings and one of them died too leaving 2 children. My father appears in the documents of the property with my mother as owners. Do I need an attorney for this and where and how much would it be?
Asked on July 27, 2012 under Estate Planning, Florida
Answers:
david slater / david p.slater, esq.
Answered 12 years ago | Contributor
Since they were married , the ownership went to the survivor. Your father sold and receives all the proceeds.
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