Legal Question in Wills and Trusts in New York

Can they take my inheritence?

My grand-aunt passed away in

December and didn't leave a will.

When she died she had $7,000

worth of credit card debt. The day

before she died her younger sister

made an agreement with the credit

card company to settle the debt for

$3,000, but she never followed up

on it after the death. My deceased

aunt named me as the beneficiary

for both her savings account and her

pension. I've already transfered the

money from the savings and I'm

awaiting the pension funds. Last

night I received a call from Chase

credit services saying that I have to

pay my aunt's balance. Appearantly

her younger sister never followed up

and lost the settlement letter. Can

Chase take my inheritence? Or since

there isn't a will is the debt null and

void?


Asked on 4/25/07, 10:13 am

1 Answer from Attorneys
Norman Nadel Norman Nadel, Esq.

Re: Can they take my inheritence?

Sorry to say, and all of the assets individually owned by your grand-aunt, over and above the costs of administering her estate, are available to pay her debts to her creditors. The pension benefit is not subject to that rule.

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Answered on 4/25/07, 10:23 am


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