What is the name of your state? Idaho.
My mother passed away on March 8, 2005, suddenly and without a will. I am an only child. Her husband, my step-father, passed away in 1997. That makes me her sole heir. She lived and died in Alabama. I live in Idaho. She also owns property in Alabama (a trailer and land) which is completely paid for. I have learned a few things by calling attorneys and pestering them. Here is what I know so far: I have 2 options, I can either put her estate through probate and there is a 6-month time for creditors to file a claim against her estate and they are notified by the court as to what her assets are, OR I can file an Affidavit of Heirship but must wait the entire 2-year statute of limitations to be able to sell the land to give the creditors their time to file. However, I have contacted her few creditors and all are either going to "write it off" or I paid the utilities, etc. She had nothing major in debt. This all has me thrown for a loop b/c, like I said, I have contacted her creditors, paid a few, and others have said they will "write it off." How will they know if I don't put her estate through probate that she even has an asset of the land??
Okay, here goes a few more questions ...
Why the 2-year statute of limitations? Can I sell the property during the 2-year waiting period (meaning accept money for it now) and just have them transfer the deed into their name (the buyers) at the end of the 2-year waiting period (since it is a family member who wants to buy it, they are willing to do this)? If I execute an Affidavit of Heirship do I have to wait the 2 years to sell the property or can I sell it immediately? I don't know what to do here and am going INSANE!! LOL. Any advice, questions, etc are greatly appreciated. Please feel free to email me Thank you.
My mother passed away on March 8, 2005, suddenly and without a will. I am an only child. Her husband, my step-father, passed away in 1997. That makes me her sole heir. She lived and died in Alabama. I live in Idaho. She also owns property in Alabama (a trailer and land) which is completely paid for. I have learned a few things by calling attorneys and pestering them. Here is what I know so far: I have 2 options, I can either put her estate through probate and there is a 6-month time for creditors to file a claim against her estate and they are notified by the court as to what her assets are, OR I can file an Affidavit of Heirship but must wait the entire 2-year statute of limitations to be able to sell the land to give the creditors their time to file. However, I have contacted her few creditors and all are either going to "write it off" or I paid the utilities, etc. She had nothing major in debt. This all has me thrown for a loop b/c, like I said, I have contacted her creditors, paid a few, and others have said they will "write it off." How will they know if I don't put her estate through probate that she even has an asset of the land??
Okay, here goes a few more questions ...
Why the 2-year statute of limitations? Can I sell the property during the 2-year waiting period (meaning accept money for it now) and just have them transfer the deed into their name (the buyers) at the end of the 2-year waiting period (since it is a family member who wants to buy it, they are willing to do this)? If I execute an Affidavit of Heirship do I have to wait the 2 years to sell the property or can I sell it immediately? I don't know what to do here and am going INSANE!! LOL. Any advice, questions, etc are greatly appreciated. Please feel free to email me Thank you.