Can My Brother as the sole beneficiary take all the money?

Answered on Mar 12th, 2013 at 1:51 PM If your brother was named as beneficiary, then the money belongs to him, now. There is relatively little that can be done. This is a “poor man’s estate plan,” at best. It may have been your father’s intent that your brother receive everything.

Who is the sole executrix of an aunt?

In the case you mention above, your aunt’s surviving daughter will need to apply for the Grant alone as the sole Executrix.

Can a father be the sole beneficiary of an estate?

If your father died without a will trust, or other legally recognized document of that type, then he died intestate and did not designate anyone the sole beneficiary of his estate. * This will flag comments for moderators to take action. You should talk with an attorney. More information is needed to answer this question properly.

What to do if there is no will or beneficiary?

The best advice is to immediately visit with an attorney who specializes in estates. If there is no Will, there is no named estate beneficiaries. There may be named beneficiaries on specific accounts, insurance or other assets. Generally, those beneficiary designations will control absent undue influence or coercion.

Can a father make his brother the sole beneficiary?

If only your brother is receiving all assets by payable to death or transfer on death provisions, these are ways that your father made your brother the sole beneficiary.

Can a sole beneficiary take all the money?

If there is no will or trust then the estate must go through probate. One person cannot just take all the estate. This would be factually driven, however it seems that an estate will need to be opened and all the heirs will split the property. * This will flag comments for moderators to take action.

What to do if you are not named as beneficiary in will?

You have the right to know if you are a beneficiary and the executor should reply confirming your right to inherit from the estate and what your share of the estate is. If you have not been named in the Will, it is up to the executor’s discretion, or courtesy, to inform you that you are not a beneficiary.