My Grandmother is feeling alienated by her husband who is not my biological Grandfather and his son. She has three sons from a previous marriage and he has one . They made a will together and asked that everything be split into fourths . Well in the mean time my Grandfather and his son have opened up a seperate account without my grandmother now will the money that they are putting into that account be added into the will or will it only be his sons? Please help they live in Indiana and have been married for over 35 years.
2006-12-11 15:59:01 · 4 answers · asked by Andre R 1 in Family & Relationships ➔ Marriage & Divorce
I recommend you post that question on a lawyer message board. You will get much better answers. Try this one below. I did an got some good info for free. But once you get the info, you will probably see it makes sense to find a good attorney and have your grandparents do an estate plan while they still are mentally capable.
2006-12-11 16:12:06 · answer #1 · answered by thkiabdks 2 · 0⤊ 0⤋
You are assuming that they both die together?
Wills/trusts have provisions. The estate property are the items not specifically dedicated. This means, that if your grandmother took out a CD, she could have as beneficiary, a son, should she die....(in most states)... And her husband can take out an account, and have as co-account owner, his son. The usual arrangement however, is the estate is awarded to the surviving spouse...but again, every state is different, and states are constantly changing their inheritance laws..... often, then hese kinds of items are outside the will or trust and can go to the co-account owner, but not always. The stuff that IS divided are things that are NOT specified, like who gets the house, the car, in other words, things that make up the rest of the estate. But they will not, (probably ) die together, so as his wife, the estate is inherited by the surviving spouse, unless the will states otherwise. States are different in how they regard wills, so you should encourage your grandparents to keep their wills current. This is difficult -- as we get older, the idea of dying is not pleasant, and we avoid it.
2006-12-12 00:19:19 · answer #2 · answered by April 6 · 0⤊ 0⤋
If your Grandfather's name is on it he can't "hide" the money. It would still be her money also. If it's in his sons name only she would have to prove that Gf is putting marital money into this acct. lawyer will handle. All you need is Gf ss#
2006-12-12 05:37:01 · answer #3 · answered by uknowme 6 · 0⤊ 0⤋
depends whose name is on it, but if your grandma's name is not on it, you can pretty much kiss that money goodbye. your stepgrandpa wants to make sure he and his son get their share if something were to happen to your grandma. no the money will go to them and not your side.
2006-12-12 00:03:43 · answer #4 · answered by jude 7 · 1⤊ 0⤋