a family member of mine was a personal assistant to a very wealthy man for over 15 years. He recently passed away and she beieves he left her with something, but we have no way of finding out.
2007-12-21 07:22:57 · 4 answers · asked by Anonymous in Politics & Government ➔ Law & Ethics
I agree with Rickinno, but want to add something else. If the man has a living trust (trust under agreement with a trustee), the trust agreement does not necessarily have to be made public. Often living trusts are "will substitutes" and have dispositive provisions, that is to say, they give property to people.
Many people like to have trusts because they make matters more confidential. That is to say, if assets are distributed through a trust, people will not know about the disposition -- in contrast with a situation where assets go through probate and anybody who is interested can go to the Register of Wills Office and read the Will.
2007-12-21 08:55:30 · answer #1 · answered by Mark 7 · 0⤊ 0⤋
The will is a public record after it goes through probate court.
2007-12-21 15:31:29 · answer #2 · answered by regerugged 7 · 0⤊ 0⤋
if the estate goes through probate, that is public information.
2007-12-21 15:27:04 · answer #3 · answered by jack spicer 5 · 0⤊ 0⤋
Wills are publc records.
Once it's probated, anyone can go down and read it.
Richard
2007-12-21 15:26:56 · answer #4 · answered by rickinnocal 7 · 0⤊ 0⤋