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Intestate/Sureties

Lehane

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#1
I have just received a copy of the probate (I assume).

It calls the deceased 'intestate' so I was wondering what that meant?

Also, his father in law and brother in law are listed as sureties - what does that mean as well?

I did a quick forum search but I appear to be the only one confused :)
 

p.risboy

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#2
Any person who dies without executing (making) a valid last will is known as dying INTESTATE and in that event the deceased's estate is distributed according to the Law on Intestacy.

A surety or guarantee, in finance, is a promise by one party (the guarantor) to assume responsibility for the debt obligation of a borrower if that borrower defaults. The person or company that provides this promise, is also known as a surety or guarantor.


Steve.:)
 

Lehane

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Location
York
#3
Any person who dies without executing (making) a valid last will is known as dying INTESTATE and in that event the deceased's estate is distributed according to the Law on Intestacy.

A surety or guarantee, in finance, is a promise by one party (the guarantor) to assume responsibility for the debt obligation of a borrower if that borrower defaults. The person or company that provides this promise, is also known as a surety or guarantor.


Steve.:)
So the father and brother in law are backing up the wife's claim to her husbands money?
 
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