If my dad died recently and left everything jointly to my brother and I butmy brother filed bankruptcy before mydad’s death, can my half of the estate be at risk?
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If my dad died recently and left everything jointly to my brother and I butmy brother filed bankruptcy before mydad’s death, can my half of the estate be at risk?
Asked on January 5, 2012 under Bankruptcy Law, Idaho
Answers:
MD, Member, California Bar / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
Inheritances are usually considered separate property. You and your brother are not a couple so the possibility of your portion of the estate being touched is minimal but to make it even less likely, you may wish to immediatelyt begin separating assets so your portion of the estate is not touched or that your portion right along with your brother's portion are not frozen while the court and bankruptcy trustee sort out what belongs to whom and what is ordered to be sold or used as assets to pay or settle with creditors.
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