QUESTION
Do I have any rights concerning my inheritance?
Asked on Feb 18th, 2014 on Estate Litigation - California
More details to this question:
My Mother and her Boyfriend set up a trust years ago that stated if she died, her boyfriend would inherit her money, stocks, etc. At the time of his death, any money of hers not used would be divided between her five children. The trust was set up to work the same way if he died first.My mother died six years ago, and just recently, her boyfriend has passed away. His trust states that each child receives $10,000. This trust was written up in 2008 after she passed away. This is in California.My question is, how is it determined how much of her money is still left. She told me before she died, that she had about $300.000. Her boyfriend had $400.000 when he passed. All is invested except for the house.Thank you
1 ANSWER
2 Awards
This is a difficult question to answer without reviewing the trusts that are involved. I am assuming that the boyfriend's trust states that you and your siblings each receive $10,000 and the remainder of his estate is to be divided among his children. If that is the case and your mother's trust was not followed you may have a potential claim, especially if your mother's boyfriend was the trustee of her trust. In order to give you a clear answer though of what your rights/options are though I would need to review the documents.
Hope this helps!
Jon
Answered on Feb 19th, 2014 at 3:58 PM