Posted on: 03rd Sep, 2007 04:55 pm
My father-in-law operates a small tavern that used to belong to his father. His father died without a will about 40 years ago. There were 4 brothers at the time but 3 have died. The only one living is my father-in-law. He is 81 years of age and doesn't know how to will it to his wife and immediate family. What can he do?
Hi Tornados,
Welcome to Mortgagefit discussion board.
Your father in law will have to consult an attorney for creating his will to name his wife & others as beneficiaries. If you know any attorney then you can also take your father in law to that attorney office to know about the procedure he will have to follow to create his will.
It would be advisable that he takes help of an attorney in creating his will instead of trying to do it on his own. By paying a nominal fee to the attorney for making the will, he will be sure that if something happens to him, his wife and immediate family will receive ownership rights for the tavern.
Do let me know if you have any other questions.
Thanks
Blue
Welcome to Mortgagefit discussion board.
Your father in law will have to consult an attorney for creating his will to name his wife & others as beneficiaries. If you know any attorney then you can also take your father in law to that attorney office to know about the procedure he will have to follow to create his will.
It would be advisable that he takes help of an attorney in creating his will instead of trying to do it on his own. By paying a nominal fee to the attorney for making the will, he will be sure that if something happens to him, his wife and immediate family will receive ownership rights for the tavern.
Do let me know if you have any other questions.
Thanks
Blue
Hi Tornados,
I agree with Blue that a real estate attorney shall be the right person to guide your father-in-law through the whole process of preparing a Will. He can show him the entire process of filling up the Will and can also guide him in case of any mistake that may occur while preparing the Will.
I agree with Blue that a real estate attorney shall be the right person to guide your father-in-law through the whole process of preparing a Will. He can show him the entire process of filling up the Will and can also guide him in case of any mistake that may occur while preparing the Will.