Is my shared money cds part of the estate?

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Is my shared money cds part of the estate?

My grandmother left me one third of her estate. I also share money cds with other family members. Now the executor of the estate say everybody’s cds are part of the estate and will be split between everybody. How is this possible?

Asked on June 10, 2009 under Estate Planning, Arkansas

Answers:

MD, Member, California Bar / FreeAdvice Contributing Attorney

Answered 14 years ago | Contributor

That doesn't make sense.  Your executor may be in it personally. So, this is what you do.

Get a second opinion.  Try consulting on your own with an estate planning attorney.  Try www.attorneypages.com and check his or her record at the Arkansas State Bar.


IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

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