Legal Question in Family Law in Georgia
retirement payback by estate
the father received an automatic deposit - monthly retirement check from a company he worked at for 40 years. He got sick and died a year later. His retirement company wrote his daugther and estate and said that the estate owes it $900.00 because the father died before the month was up. The company said that it is their rule that if the father die before the end of the month, the entire check amount has to be repaid back to the company. Since the money was deposited directly into the father's account, do the daugther have to pay the $900.00 back to the company??
1 Answer from Attorneys
Re: retirement payback by estate
Tell the retirement company that the payment was due on the first of the month. He was alive on the date it was due and it is his money.