Legal Question in Wills and Trusts in Georgia

CD, Bank Accts, Mutual Funds - Part of Estate?

my grandmother passed away leaving her estate to her 3 daughters, 25% each, and my brother & myself, 25% (12.5% each.our father passed away & grandmother left his part to me & my brother.will is very vague-pretty much says that everything all property, real or personal of whatever kind and wherever situated would be divided equally. she had a home with a large amt of land, checking & savings accts, mutual funds and a CD for $90,000. my aunts are saying that the CD is not part of the estate because only the 3 daughters are listed on it with my grandmother as OWNERS of the CD - they are not listed as beneficiary - the estate is. who is correct? if the beneficiary is shown as the 3 daughtrS does that override the will saying ''share and share alike''?if the beneficiary is shown as the estatE shouldn't we all share in the CD?my aunt is saying because they were listed as owners with my grandmother(she only put them on there so they could withdraw money to help pay for her cancer treatment & care)checking & savings accts,Mutual funds?I know that it was my grandmother intention for me and my brother to get my dad's partincluding all money,property,etc.What recourse do I have?Ive signed the form to allow will to be probated.Is it too late?


Asked on 3/19/05, 1:16 pm

1 Answer from Attorneys
Charles W. Field Charles W. Field, Attorney at Law

Re: CD, Bank Accts, Mutual Funds - Part of Estate?

Since, as you say, the will is very vague about these matters, you should have it reviewed by a local attorney. Without that review, no attorney can give you reliable advice. If you would like to discuss this further, please feel free to give me a call. I don't charge for initial phone consultations.

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Answered on 3/19/05, 5:44 pm


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