Re: Hi Noelle (Re: TED RALL COLUMN . . . ) (fwd)

[Noelle <http://dummy.us.eu.org/noelleg>]

sue's explanation of inheritance laws.

---------- Forwarded message ----------
Date: Thu, 20 Oct 2005 17:05:14 EDT
From: http://www.aol.com/~Bsreimers
To: http://dummy.us.eu.org/noelleg
Subject: Re: Hi Noelle (Re: TED RALL COLUMN . . . )

In a message dated 10/20/2005 8:09:58 AM Pacific Standard Time, http://dummy.us.eu.org/noelleg writes:
 > 
 > I don't know anything about estate administration in France, but it  can't
 > be too different from estate distribution in the U.S.  First, did  she have a
 > will?  If not, then the state provides a will called intestate distribution.
 > If there is a spouse, the spouse gets 1/2, and the remainder is  divided
 > equally among the children.  If the spouse is deceased, the children  take
 > all equally.  If a child has deceased, then that child's children step  into
 > his/her shoes and take their share.  In other words, you would take  your
 > mother's entire share.  Your cousins would only take IF their  own
 > parent has deceased.  A second cousin would only take IF the  cousin
 > has ALSO deceased.  In each of the cousin and second cousin
 > distributions, they would only step up into the share that your aunt/
 > uncle would have received, and it would be divided equally among  them.

For example, say your grandmother had had three children.  One
still lives, your mother deceased leaving only you, and then the  other
had two children, but one of them is also deceased leaving three
children, the distribution would be:

33.333 to surviving child
33.333 to you
16.666 to cousin
5.555 to each of the three second cousins

In the U.S. distribution is AFTER taxes.  Given that it's  France,
I would assume it's the same. :-)

I see them on the queue.  Look forward to checking them out.

Purrrz,

Usn's