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    adjustaman's Avatar
    adjustaman Posts: 1, Reputation: 1
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    #1

    Feb 10, 2008, 08:20 AM
    California Inheritance Law
    My wife is entitled to a portion of her Grandfather's estate by virtue of her mother's death. The estate is divided as follows: 50% to a natural daughter, 25% to a stepdaughter, 12.5% to my wife's sister and 12.5% to my wife. Aside from real estate, the bulk of the remainder of the estate is made up of personal property, much of it antiques. By law, do we have a right to demand an appraisal of the personal property? If the natural daughter and step-daughter chose to retain ownership of the personal property as opposed to selling it, do they owe my wife 12.5% of its value?
    s_cianci's Avatar
    s_cianci Posts: 5,472, Reputation: 760
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    #2

    Feb 10, 2008, 08:24 AM
    You may. Speak with a probate attorney to be sure. A lot would depend on just how valuable these antiques are. There's a difference between sentimental value and real value.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #3

    Feb 10, 2008, 08:53 AM
    Quote Originally Posted by adjustaman
    By law, do we have a right to demand an appraisal of the personal property? If the natural daughter and step-daughter chose to retain ownership of the personal property as opposed to selling it, do they owe my wife 12.5% of its value?
    Hello adjustaman:

    Your wife owns 12.5% of it, and if they want it, they're going to have to buy it from her. I don't know if you have the right to have it appraised by law, but you certainly have the right to have it appraised as the seller.

    I don't believe you'll be forced to accept whatever they want to pay.

    excon
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