Ask Experts Questions for FREE Help !
Ask
    dward222's Avatar
    dward222 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 16, 2010, 01:30 PM
    Am I entitled to any of my deceased father's monthly annuity checks ?
    Ihave an estate account for my father. He receives 1,308 a month for 15 more months
    He did not leave a will and owes many creditors. Am I allowed to have any of that money?
    He did not designate a beneficiary for these monthly checks. I have been trying to pay
    Some of his debts each month but there are so many that I will never get them paid off
    tickle's Avatar
    tickle Posts: 23,796, Reputation: 2674
    Expert
    		  
    #2

    Jul 16, 2010, 01:47 PM

    Discuss this with your attorney.

    Tick
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
    		  
    #3

    Jul 16, 2010, 06:16 PM

    First this needs to be filed in probate court, there are rules to who will get paid, and who may not get paid at all. So you can't just pay bills as they come in. Or it may be that each will get a percent , but it has to be done according to court rules.
    If you do it wrong, you could find yourself personally liable.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Deceased father's name on the birth certificate [ 19 Answers ]

My son passed away on 7-5-08, his girlfriend just gave birth to his daughter on 2-21-09. The social worker at the hospital (Kaiser) is telling us that our sons name cannot be on the baby's birth certificate. We live in California. The girlfriend is very upset and is refusing to sign the certificate...

How do you get bank statements from your deceased father's account [ 1 Answers ]

Hi, my father just passed away and he lived with my older sister. Well, to say it nicely she is an untrustworthy person. She stole several times while she lived with my father. I have several questions to ask, but nowhere to start to find my question to these answers. I know that my father had a...

What is the Best Way to Sell My Deceased Father's House? [ 1 Answers ]

Hello All, I'm the Personal Representative for my late father's estate. He had a will and I'm currently completing the Probate Court process to settle his estate. My father left me and my older sister the house in South Carolina. We both agreed to sell it and split the proceeds. My question is...

Mother deceased, am I entitled to any money? [ 2 Answers ]

Never mind, apparently children in need should be ASHAMED of themselves for asking their surviving parent for financial help. I guess their grief is of no importance, their lives have not been altered in any way, and the surviving parent should be allowed to frivolously spend the retirement wages...

Stock in Deceased Father's Name [ 2 Answers ]

I recently found some stock certificates in my deceased father's name. He passed away about 10 years ago. The certificates are for 40,000 shares of Combined Penny Stock Fund, Inc. I found out that Combined Penny Stock Fund Inc. recently liquidated for $.01 per share. (Giving these stock...

View more questions Search