If in my husband’s Will it states that I get everything but no where does it state I get his business, do I still get it as well?
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If in my husband’s Will it states that I get everything but no where does it state I get his business, do I still get it as well?
He owns the business 100%.
Asked on February 13, 2013 under Estate Planning, Illinois
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
The question here: Does the will have a residue clause designating the distribution of the estate to you, other than the specific gifts? If so, then you get the business. If not then the business could be subject to division to other heirs including yourself by right of intestate distribution, since the will does not specifiy the direction and distribution of the business. How does the will define everything? Obtin yourself the assistance of good probate counsel to guide you in the close of your husban's estate.
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