Settling an estate: advice needed!

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Thu, 20 Jan 2011 14:35:21 +0000

Dear FIL passed away early this week and H, who is the executor, is wondering about this issue: Our nephew, who is one of 4 grandchildren beneficiaries, owns a home that is in both his and my FIL’s name. Is the house considered a part of the estate or is it a simple case of having FIL’s name removed on the title and legally recorded? If it is considered part of the estate, what does that mean in terms of settling the estate?

We are both inexperienced with settling an estate…everything else about it seems fairly straightforward except this one issue. Of course H is heading to lawyer next week, but would appreciate any thoughts or comments from others who’ve gone down a similar road. Thank you in advance!