Legal Question in Business Law in Connecticut

legal arbitration

Is it better to submit to arbitration in

an IRA dispute matter in which a

person left his IRA contribution

without a designation of an heir and

the financial instituaton has decided

that the IRA should go to the estate.

The decedent has a a daughter and is

the heir to 1/6 of his estate and is

disputing the decision of the financial co

holding the IRA to put the contents

into the estate. The matter would have

to be litigated in the state of CT and the

financial institution is in NY.


Asked on 2/19/07, 5:09 pm

1 Answer from Attorneys
Nicholas Adamucci ADAMUCCI, LLC

Re: legal arbitration

General, when you submit to an arbitration you give up some of your rights to a trial in front of a jury. There are both pros and cons to arbitration that you must weight before submitting to arbitration.

If you need help, you can contact my office at [email protected].

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Answered on 2/19/07, 5:55 pm


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