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"Inheritance" requires a Will with direction on what is to become of the property. Family or even the Personal Representative are not free to dispose of assets "as they like". If someone doesn't leave a Will, the state they died in has laws that dictate the disposition of personal property.
Can't find it.GOAL has a page about this on their website.
Since they redesigned their page it is impossible to find some of the resources they had.Can't find it.
In... oh, wait. Is this a Karma???
^This. If the person holding them takes it upon themself to "dispose" of them without authority to do so and someone complains, they could face felony charges of grand larceny.^This. The person who "has control" of them is not the owner of them now. They belong to the estate until the estate is settled.
^This. If the person holding them takes it upon themself to "dispose" of them without authority to do so and someone complains, they could face felony charges of grand larceny.
Power of attorney dies when the person dies. Appointing someone means that they are to carry out the wishes (that were in writing) in the Will or follow state law for intestate deceased. Doesn't give them a license to "do what they want" with the assets. They are accountable to the probate court and if they screw up, they can face criminal charges.What if you have granted a person power of attorney or appointed someone in your will, or executor, to dispose of your remaining property?
following. My best friends dad had an LTC and a couple pistols. He died like 5 years ago. Since he was married all his property goes to his wife. Im not even sure she knows the guns are there. No idea how theyd handle a transfer since shes not licensed.
My nephew knows, that if anything happens to me, He and his dad, are to grab my guns and ammo right away. They are on permanent loan then. Some are marked "never sell".
A licensed gun owner brings her and the guns to a FFL and the FFL does the transfer. Pretty straight forward.
Bob
You NEVER use that inheritance option. And if you didn't inherit by way of a Will or Intestate laws, you are admitting to a crime or potentially an illegal conversion of estate assets (in some cases).They can't, she has no LTC. When she does have one, she doesn't need an FFL, she just goes here and clicks Inheritance: https://mircs.chs.state.ma.us/fa10/action/home?app_context=home&app_action=presentTrans
You NEVER use that inheritance option.
They can't, she has no LTC. <remainder removed>