Legal Question in Wills and Trusts in Ohio
Bankruptcy/ Named in will
Mother passed away in 8/12/05 we filed bankruptcy in 10/05 we were named benificiaries in her will. our bankruptcy was discharged in 04/20/06 but the trustee in charge sent a letter to our lawyer saying all monies must be turned over to him. It has been one year since our discharge. the estate will be finalized in about 60 days does the money still have to go to the trustee or would we be able to have the money now? it is about $3000.00 The estate took that long to sell.
Asked on 4/07/07, 4:46 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: Bankruptcy/ Named in will
You must turn over all non exempt property that you might receive as beneficiary to the trstee, or you risk having your discharge vacated, and the case dismissed
Answered on 4/07/07, 8:34 pm