My father recently passed away and I'm the executor and sole benificiary of his will. This is all new to me and I'm not sure where to start. I live in Virginia. He was living with his sister in Colorado for about 3 months preceeding his death while getting treatment for cancer. Up until that point he was living in Florida but his driver's license is from Pennsylvania and his cars were still registered there where he maintained a residence also. He had been bouncing back and forth between PA and FL for several years but most recently was in FL for probably close to a year straight. Where do I start with probate and filing his will?
More details - he outright owned land in PA and a boat condo/slip in FL. Those are the only major assettes in his estate. He also owned a house in PA but has a HELOC debt of $285K associated with that house. In FL he lived in a condo with an upside-down mortgage. I'm fine with walking away from both the house and condo and in fact I don't want either of them. In a better real estate market the house could be worth $450k but it's been for sale listed at $289k for a LONG time. Do I just contact the banks and tell them they own the house and condo (of course they want verification that my father is deceased) or is it more complicated?
More details - he outright owned land in PA and a boat condo/slip in FL. Those are the only major assettes in his estate. He also owned a house in PA but has a HELOC debt of $285K associated with that house. In FL he lived in a condo with an upside-down mortgage. I'm fine with walking away from both the house and condo and in fact I don't want either of them. In a better real estate market the house could be worth $450k but it's been for sale listed at $289k for a LONG time. Do I just contact the banks and tell them they own the house and condo (of course they want verification that my father is deceased) or is it more complicated?