Can a beneficiary of a will have power of attorney?
Yes, people often appoint relatives as Attorneys. Can my Attorney also be a beneficiary in my will? Yes.
Do you need an attorney to be a beneficiary in a will?
Being named as a beneficiary under a will or trust does not mean you have to hire an attorney to represent you. However, there are several instances when seeking the professional advice of a probate attorney can help you understand and assert or protect your rights as a beneficiary.
What should I do as a beneficiary of a trust?
If you are a beneficiary of the trust, the trustee may not be required to provide you an inventory or list of assets in the trust, though the trustee must provide you with some information, such as an accounting of the trust’s money. So, when should you consider hiring an attorney to represent you? If you question the validity of the will or trust.
What to do if a beneficiary does not receive a letter?
If you are a beneficiary and are not receiving communication from the named executor or trustee, your attorney can communicate on your behalf with that executor or trustee and explain your concerns and request information or an informal accounting.
What to do if an executor of a Will dies?
Your attorney, on behalf of your interest as beneficiary, would ask the court to decide whether the acting executor or trustee is mentally capable of carrying out his or her legal duties or should be replaced.
Being named as a beneficiary under a will or trust does not mean you have to hire an attorney to represent you. However, there are several instances when seeking the professional advice of a probate attorney can help you understand and assert or protect your rights as a beneficiary.
If you are a beneficiary of the trust, the trustee may not be required to provide you an inventory or list of assets in the trust, though the trustee must provide you with some information, such as an accounting of the trust’s money. So, when should you consider hiring an attorney to represent you? If you question the validity of the will or trust.
Can a trustee file a lawsuit against a beneficiary?
And they end up filing a lawsuit against the Trustee for breach of fiduciary obligation. In other words, they’re saying the Trustee has not followed the Trust terms, the Trustee has damaged the Trust assets to some extent. Well, this is a very serious charge against the Trustee.
If you are a beneficiary and are not receiving communication from the named executor or trustee, your attorney can communicate on your behalf with that executor or trustee and explain your concerns and request information or an informal accounting.