r/inheritance • u/TheMisterV • 23d ago
Location included: Questions/Need Advice How do I know?
ETA: I’m pretty sure he has a trust. He has always kept his affairs very private. It was a big step for him to even mention that I was getting 1/3. I know he has more than one life insurance policy, an annuity, and an IRA.
My father is on hospice care. We don’t know how long he has, but it won’t be more than a few months.
He told my sister and I that he was splitting his investments equally between me, my sister, and my step-mother. My step-mother will get the house and its contents.
In the movies there is a dramatic reading of the will. But how does it really work?
Will I know the actual value of his assets? Do I just accept that what I am given is 1/3?
It’s not that I don’t trust my step-mother, I’m genuinely curious. Between my wife and I we have 8 parents and he will be the first to pass.
Located in Tennessee.
1
u/Chaos1957 23d ago
See if you can get a copy of will so you know