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ladylen58

Junior Member
I am from Mississippi....My uncle lived in California, he made a will and put a hugh amount of money on his estate. Can anyone put a hugh money value on their estate..when making a will, if it is not true?Thanks, ladylen58
 


anteater

Senior Member
I think that you will need to explain better what you mean by "...put a hugh amount of money on his estate." And add some particulars about the case.

I can bequeath millions to various people in my will. I might think that I will have millions to dispose of when I die. Or I might just be a mean, ol' cuss who wants people to think that they will win the lottery when I die and I can have a good laugh from the grave when they discover I don't have millions. Either way, that does not necessarily invalidate the will. The people just aren't going to receive millions.
 

ShyCat

Senior Member
Not sure what you're expecting, but...

I can say my house is valued as $1,000,000 when I write my will, but if it's really only worth $350,000 when I die, then that is the value of it when it goes into my estate for distribution. What I said it was worth (whether due to an insane real estate bubble, boastful bragging or just wishful thinking) when I wrote the will is irrelevent.

Likewise, if you thought you were going to get Uncle Joe's $1,000,000 stock portfolio, you may feel slighted when you end up with only $500,000 in stock after the market crashed but if you received the stock portfolio you were willed, then you got all you're going to get.
 

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