In re Estate of Greb

Ralph Greb died in 2010. At issue in this case was the distribution of Ralph’s estate in kind to two beneficiaries, his son, Richard, and his daughter, Nanette. The county court overruled Richard’s and Nanette’s objections and approved the proposed distribution of the estate. Nanette appealed and Richard cross-appealed. The Supreme Court affirmed the county court’s order of distribution, holding (1) two multiple-party bank accounts were correctly excluded from the probate estate because Nanette failed to meet her burden of proving a lack of survivorship rights; (2) because a corporation dissolved by the state for failure to pay taxes continued as a de facto corporation, Ralph’s gifts of corporate stock during his lifetime were not part of his probate estate; and (3) because Nanette was not obligated to pay indebtedness owed to the estate by her spouse, the county court did not err in ordering distribution of the asset in kind to both Richard and Nanette.View "In re Estate of Greb" on Justia Law