Full question:
My husband died in April 2010, no will. In Feb 2010 he paid cash for a pickup for an employee and put himself as lienholder, he died before we got a note typed. What are our rights as heirs in regards to this truck?
- Category: Wills and Estates
- Subcategory: Probate
- Date:
- State: Texas
Answer:
When a person dies without a will, their assets are distributed through the probate process. In this case, an administrator will be appointed to manage the estate after filing a petition with the court in the county where your husband lived. The court will issue letters of administration, granting the administrator authority to collect assets and pay debts.
The pickup truck, for which your husband was the lienholder, is considered part of the estate. If the employee who received the truck has defaulted on payments, the estate can enforce the lien just as your husband could have.
In Texas, if the estate's total assets (excluding homestead and exempt property) do not exceed $50,000, it may qualify for a small estate affidavit. This affidavit allows for easier collection of debts owed to the deceased. It must be filed with the court and includes details about the estate's assets, liabilities, and the heirs' rights to the property.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.