Legal Question in Wills and Trusts in California
If someone states in their will that 1/2 of their savings will be split between her brothers does this include her CD? One of the brothers is deceased but has children.
Asked on 11/30/11, 7:53 pm
3 Answers from Attorneys
George Shers
Law Offices of Georges H. Shers
That depends upon exactly what wording is used in the Will so that it is clear what the party's intent was. If it says "savings account" then the CD is not included, if it says "savings" it probably is, unless elsewhere in the Will it makes clear that it is not included.
Answered on 12/01/11, 8:46 am
Michele Cusack
Pollak & Cusack
unless the CD account has a POD, as they usually do.
Answered on 12/01/11, 7:24 pm
Anthony Roach
Law Office of Anthony A. Roach
It depends on who the beneficiary is on the CD. If it is the estate, then it is part of the estate. If it designates someone else, it is not part of the estate and would not be divided and distributed.
Answered on 12/02/11, 10:32 am
Related Questions & Answers
-
How do i get a copy of the trust without an attorney?? Asked 11/30/11, 5:11 am in United States California Probate, Trusts, Wills & Estates
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
