What is the name of your state?What is the name of your state? Florida
Hi. This is my first post here, and though I have many questions, I'll start with this one since the others hinge on it!
My mom died unexpectantly last month and listed me as personal rep. in her simple will. Her estate matters seem fairly simple, I think.
She had prepaid the funeral home. One of my 2 brothers is joint owner of the home, and he rightfully deserves it for helping mom out over the years. She has $180 in her bank account (SS has already withdrawn this month's stipend), her old car is worth nothing....and, her other belongings are not worth much.
She had an annuity that she annuitized 2 months after signing the contract in 1997---she retired that year and put all her retirement $$ in that annuity, then drew a small quarterly pay-out. For the last 7 years she was under the impression that the beneficiary on the contract (my youngest brother) would receive the balance if she died before the $$ was gone---but, according to the annuity company, the $$ will be paid to her estate because she didn't list a successor/beneficiary when she annuitized.
So, basically, it seems her estate will mainly consist of about $8000, and I'm almost certain that the only creditor will be her Capital One credit cards---which will get $4,000 (or more, if they are allowed to receive the late charge fees, and soon-to-be over-the-limit fees, due to those late charges....sigh).
BTW, I did notify those CC people, and cancelled the cards.
I know I could get an attorney to handle things, but I'd sure like for my brothers & me to be able to share what little is left.
I've been researching, which is how I found these forums...but, my brain currently feels like it's liquidating into mush. Sooo, what do y'all think---would this be something I can do myself, or should I give up the notion?