Estates...(any lawyers?)

[matt22616]

Originally Posted by Jbreen1

Well there's not much to interpret. It basically just says I bequeath my entire estate to 1.) My son 50% and 2.) my grandson 50%. Obviously there's a little more to it but it was written up by the lawyer in very simple terms and that's the gist of it right there.


No, that's not what it says. See your original post. For the love of God and all that is holy, look in a phonebook and get a specialist.

They keep telling me I'm entering a depressed market, but for the life of me I don't see how that's possible.

 

[Jbreen1]

Originally Posted by matt22616

No, that's not what it says. See your original post. For the love of God and all that is holy, look in a phonebook and get a specialist.

They keep telling me I'm entering a depressed market, but for the life of me I don't see how that's possible.
Lol how are you going to tell me what the will says? Again, the person who is named as beneficiary on most of the stuff has passed away. So my grandmother made a new will to ensure that half was changed to be left to me but the beneficiary information wasn't changed and that's what concerns me. And I do have a specialist. Read the whole thread first before you make uneducated comments. I have an estate lawyer taking care of the estate. The same lawyer who wrote the will. And once again, I will just call him tomorrow. I'm being a bit paranoid because this will have a big impact on me. I may not be making total sense but I'm going to wait until I talk to him before I make any other judgments that I have no business making.

 

[Harold falcon]

As an attorney, I advise you to get your own attorney immediately.

If you need a referral to your local bar association please PM me and I will be happy to do so.

 

[matt22616]

Originally Posted by Jbreen1

Lol how are you going to tell me what the will says? Again, the person who is named as beneficiary on most of the stuff has passed away. So my grandmother made a new will to ensure that half was changed to be left to me but the beneficiary information wasn't changed and that's what concerns me. And I do have a specialist. Read the whole thread first before you make uneducated comments. I have an estate lawyer taking care of the estate. The same lawyer who wrote the will. And once again, I will just call him tomorrow. I'm being a bit paranoid because this will have a big impact on me. I may not be making total sense but I'm going to wait until I talk to him before I make any other judgments that I have no business making.

He's not your lawyer.

 

[Jbreen1]

Originally Posted by matt22616

He's not your lawyer.

So even though we retained him I still need another lawyer?

 

[matt22616]

Originally Posted by Jbreen1

So even though we retained him I still need another lawyer?
You need a lawyer. Depending on a number of factors, your legal(i.e., not financial, etc.) interests may differ from those of your father. Inter alia (yep, I'm a douche), whether or not there is joint tenancy or tenancy in common could be detrimental to your interests.

 

[HEWSINATOR]

Jbreen, maybe you should not get a lawyer. You do not seem to take advice anyhow, after you ask for it.

There appears that there can be several issues that could arise involving this.

From what I gather, there are trusts without a living beneficiary, and then you are entitled to the residue?

 

[Jbreen1]

Originally Posted by HEWSINATOR

Jbreen, maybe you should not get a lawyer. You do not seem to take advice anyhow, after you ask for it.

There appears that there can be several issues that could arise involving this.

From what I gather, there are trusts without a living beneficiary, and then you are entitled to the residue?

Well I'm trying to take advice but I guess I'm just confused by all this. And yes you got the situation correct.

 

[Jbreen1]

Originally Posted by matt22616

You need a lawyer. Depending on a number of factors, your legal(i.e., not financial, etc.) interests may differ from those of your father. Inter alia (yep, I'm a douche), whether or not there is joint tenancy or tenancy in common could be detrimental to your interests.
Ok. Not really sure what you mean by my legal interests but I'll get a consultation with an estate lawyer. Didn't mean to get you guys all riled up lol.

 

[obiter dictum]

Amusing thread.

A: I need some advice.
B: Get a lawyer.
A: I already have one, but he's not really working out for me.
C: Get a new lawyer.
A: I already have one.
D: Get a new lawyer.
A: But I already have one!

 

[uhurit]

Son, let me put it in layman's terms for you: everyone is out for himself; you need someone competent to represent your (singular) interests only; if you don't, chances are you'll get screwed big time and be sorry

*above message is for enlightment purposes only and is not to be interpreted as legal advice

 

[CDFS]

Originally Posted by matt22616

You need a lawyer. Depending on a number of factors, your legal(i.e., not financial, etc.) interests may differ from those of your father. Inter alia (yep, I'm a douche), whether or not there is joint tenancy or tenancy in common could be detrimental to your interests.

This all might be true when talking of opposing parties in such a situation. It might be less true when the father-son-situation is taken into consideration. I would say preserve the relationship first and the money second. (A father may or may not understand why a second lawyer is hired)