Can you support me figure out my great grandmas WILL?
Here is what my great grandmas WILL says. Can someone please describe to me what this means more clearly?
Disposition of Residuary Estate- A. I hereby make a contribution, devise and bequeath the rest, residue and remainder of my estate, both real and personal and of whatever temperament it may be and wheresoever situate, as follows: 1.) 50% thereof unto "MY UNCLE", but if he does not survive me by 60 days, then I hereby give, devise and bequeath the said 50 % unto "MY MOM", as primary Trustee, to be held, administered and distributed by her contained by the following manner: a.) The purpose of this trust is to benefit "ME" b.) My trustee shall use the trust assets and income therefrom to provide for the care, support, maintanence, robustness needs and educational training of the said beneficiary. c.) I hand down the time and manner of the distribution in the complete discretion of my Trustee. d.) At such time as the beneficiary attains 22 years of age, the assests remaining in trust at the time shall be distributed ..
Answers: Well, I'm not a lawyer but from what I read it would appear that if both your mother and uncle survived your great grandmother by more than 60 days, next you are not entitled to any of her money. 50% would go to your mom and 50% would run to your uncle if they did. The will stipulates that you would only be a benefitiary if one of them were to outdo away within 60 days of her. Whether your mother or uncle are speaking to one another is of no relavence here. He is entitled to 50% of her estate and it is the duty of the executor of her will to see that he gets it. He is not required to craft a formal claim in order to receive it. Thus neither you, nor your mother, own any claim to his half of her estate so long as he survives your great grandmother by 60 days. That half of the estate is immediately legally his.
You should talk to qualified legal representative if you still have questions. Look surrounded by you area for the Legal Aid Society or similar organization that may proffer free legal aid.
Sorry, it does not belong to you, it belongs to your uncle whether he has claimed it or not. He have survived your Great Grandmother by more than 60 days so the inheritance goes to him, or if he doesn't take it during his lifetime, to HIS heir. Your Mother should have a lawyer write a dispatch to your uncle, return receipt requested, telling him of his inheritance and asking any how he wants it distributed or to sign a letter refuse the inheritance. If he refuses the inheritance, it is still your Mom's, not yours.
Easy 10 points!?
Estate planner?
Can I unfurl a Roth IRA picture while making $10.00 /hr?
Beginner within Finance, please recommend!?
Is at hand grant available for single mothers to take-home pay past its sell-by date debt?
Which of the folling travels are most plausible to directly increase lolly as shwon on a firm's stability sheet?
My 'friend' conned me out of money?
Will I be a affluent women? do i enjoy satisfactory money?
Disposition of Residuary Estate- A. I hereby make a contribution, devise and bequeath the rest, residue and remainder of my estate, both real and personal and of whatever temperament it may be and wheresoever situate, as follows: 1.) 50% thereof unto "MY UNCLE", but if he does not survive me by 60 days, then I hereby give, devise and bequeath the said 50 % unto "MY MOM", as primary Trustee, to be held, administered and distributed by her contained by the following manner: a.) The purpose of this trust is to benefit "ME" b.) My trustee shall use the trust assets and income therefrom to provide for the care, support, maintanence, robustness needs and educational training of the said beneficiary. c.) I hand down the time and manner of the distribution in the complete discretion of my Trustee. d.) At such time as the beneficiary attains 22 years of age, the assests remaining in trust at the time shall be distributed ..
Answers: Well, I'm not a lawyer but from what I read it would appear that if both your mother and uncle survived your great grandmother by more than 60 days, next you are not entitled to any of her money. 50% would go to your mom and 50% would run to your uncle if they did. The will stipulates that you would only be a benefitiary if one of them were to outdo away within 60 days of her. Whether your mother or uncle are speaking to one another is of no relavence here. He is entitled to 50% of her estate and it is the duty of the executor of her will to see that he gets it. He is not required to craft a formal claim in order to receive it. Thus neither you, nor your mother, own any claim to his half of her estate so long as he survives your great grandmother by 60 days. That half of the estate is immediately legally his.
You should talk to qualified legal representative if you still have questions. Look surrounded by you area for the Legal Aid Society or similar organization that may proffer free legal aid.
Sorry, it does not belong to you, it belongs to your uncle whether he has claimed it or not. He have survived your Great Grandmother by more than 60 days so the inheritance goes to him, or if he doesn't take it during his lifetime, to HIS heir. Your Mother should have a lawyer write a dispatch to your uncle, return receipt requested, telling him of his inheritance and asking any how he wants it distributed or to sign a letter refuse the inheritance. If he refuses the inheritance, it is still your Mom's, not yours.