![]() |
|
| *Home>>>Estates Law |
Estate law in California? |
My Grandma pasted away a couple of mo ago and left money to the Cal babtis foundation, she thought to pay for handling her estate. We have found out that not only will they get 27% of the estate but are going to charge the heirs a % of the funds to handle the estate. Can they do this? She apparently was conned into naming them beneficiary -- and some alter-ego of theirs -- executor. There is probably nothing you can do about it, short of arguing issues of community property (if your grandfather is still living), overreaching, Alzheimers or incapacity on her part, etc. Sounds like a money grubbing scam to me....and one that kicks the gift horse in the mouth. Being the executor of the estate is a compensated position. They have to provide complete accounting to the courts and the other beneficiaries. Was it set up as a trust? Even then, the trustees can charge for handling the estate. It sounds like they know what they can do. All executors and trustees are entitled to fees for their services. There are State guidelines regarding them. There is usually an attorney for the Estate. Ask him/her if what you've been told is true and correct adherence to California Probate Law. |
| Tags |
| Insurance Law Immigration Law Health Care Law General Civil Litigation Family Law Estates Law Environmental Law Entertainment Law Employment Law Elder Law Education Law |
| Related information |
Debt are paid out of the estate. If they are larger than the estate, then creditors are not paid the full extent of the debt. Next of kin do not have to pay them since they are not the ones who inc... There is always a remainderman (-person, -enttity) following a life estate. The right, power, title, freehold, etc. can revert or not; that's a separate issue. You have given (gratis?) t... uh...until the will is filed for probate; there is no estate and no estate atty. You need to get an atty; or at least go to the probate court with the info you have and get an explanation to TAKE t... How does this sound for a first step? Call, send a letter or email to the atty who sent you the papers what you think the error is and why you think there is an error. He should be able to quickl... When your dad died, the life estate died with him and the property passes as directly to you as the record title holder. A life estate is only good so long as the life-in-being, you dad, exists. If... One of the very best... Rossi Ronald R (known as Ron) 1960 The Alameda San Jose, CA 95126 (408) 261-4252 ...The key is how the will is written. You could end up with a wide variety of results depending on the terms used. If the phrase 'Per Stirpes' is used, the estate will get divided based... Yeah her funeral will be about 10,000 I found that out when my sister died 3 years ago. Your mother owes 200,000 +. That is more than the total amount of her life insurance, bank accounts and so on... |
Categories--Copyright/IP Policy--Contact Webmaster |