Ex-Wife claiming 1/2 !!!!!!!!!!????????

[abigbullelk]

I am in Texas, I am administrator of my fathers estate. He divorced some months ago. He owned a bar, formed a C Corp. and 500 shares to him and 500 to his partner. In the divorce decree, she got 500 shares, not splitting his 500, so now its 500,500,500. He also loaned the corp approx 80000 over 5yrs. He was married all this time but it is stated in the charter that HE loaned, not they. He is now dead and I need to know, when the bar sells and the lenders are paid, he being the biggest, can she claim 1/2. The divorce decree does not address sale at all only that she got 500 shares thats it. HELP!!!!

 

[dpech66]

By all means get a good probate attorney!

My mother's husband passed away two years ago. He had a small one man tire retreading business that was heavy in debt. He and my mother were together for 17 years and married for nine when he died.

When he died, his adult children (over the age of 30, three of them) who could never find the time to even so much as call their dad when he was alive (two of them lived only 20 miles away), decided the life insurance policy he left should go to them, not my mother. His insurance policy was left to the estate, not my mother. As you might imagine, things got nasty and sticky. My mother hired an attorney, who was an invaluable investment. After the case went to court, the daughters finally dropped it when they realized they would not prevail.

The moral of the story is that some things are meant for legal professionals to handle. Trust me and spend the money. The peace of mind you'll get will be worth it.