Legal Question in Wills and Trusts in California
My aunt is the executor of my deceased aunt's estate. The will states that my dad receives everything except the Verizon Co. stock, which goes to the aunt who is the executor. When the executor transferred the stock to my dad, she kept the Verizon Co. stock as well as all the Frontier Communications stock. We when asked about it, she said it was hers. That Frontier Communication was a spin-off of Verizon AFTER my deceased aunt wrote her will in 2005. Frontier was never owned by Verizon. The two conducted a business deal where Frontier bought Verizon land lines. Frontier paid Verizon stock holders in Frontier stock. We think the will is pretty specific in that it clearly states that only the Verizon stock goes to this aunt. Who is correct?
2 Answers from Attorneys
I'd have to read the will and see what happens to the residue of the estate.
The answer by Anthony Roach is the correct response, as the will may say something different than as you state, particularly the residue clause.
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