Legal Question in Wills and Trusts in Louisiana
my brothers are the beneficiary of my mothers 401k plan but she left me a promissory note for $26,000 for payment for her care after a stroke. she stated money was to come from the 401k can I collect on the debt
Asked on 6/08/16, 11:58 am
2 Answers from Attorneys
Adam Lambert
The Law Office of Adam S. Lambert
Most likely yes. You can file a claim against the estate.
Answered on 6/09/16, 5:31 am
James Maguire
James G. Maguire, Attorney At Law
The proceeds of a 401(K) go to the named beneficiaries, so you can't collect from that.
Answered on 6/09/16, 3:34 pm