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Get your taxes done using TurboTax
@hntrust wrote:
I guess my son-in-law is okay then since there are no other heirs, he is an only child.
Your son-in-law is ok in the sense that there won't be any siblings squabbling for a share. But there may be other ways the situation can be optimized.
Look, I'm nagging. But my parents were in great shape, until my Mom was diagnosed with Alzheimer's. Fortunately, it progressed slowly enough that there was time to do the estate plan while she was still competent. But it could have been a stroke that left her bedridden for years of expensive care with no plan. You and your son-in-law's parent need estate plans, advance medical directives, and all the other stuff that's really hard to face until it's too late. I nag from honest care and personal experience.
Best wishes.