Legal Question in Wills and Trusts in Colorado
my father passed away in october 2011. he had a 50000$ life insurance policy. im a minor and live with my mother now. i have 4 other siblings and another is a minor. rachel, my sister who is the estate, got the paper work for mine and my twin brothers checks but wont send them in because "we dont need our money" when all 5 kids are primary beneficiaries. she wont let us have our money even though she is not our legal guardian
2 Answers from Attorneys
How to deal with this first depends on whether the beneficiary of the insurance policy was the kids or your father's estate. As a minor, your mother would receive and hold the money on your behalf until you turn 18 in any case. You might want to have a lawyer look at the documents and call your sister and if that does not work, you can go through the courts, depending, again, on how the insurance policy was titled. Hope this helps.
Your first step is to talk with a lawyer who specializes in estates. You are entitled to your own lawyer who can advise you about your rights, if any, and what options you may have. Just make sure that you ask if the attorney is a full time specialist in estates. Good luck!