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05-07-2003, 07:42 AM
| | Member | | Join Date: Feb 2002 Location: Indiana
Posts: 625
| | | Lawyers fees What is the name of your state? IN
My
father was killed 25 years ago. The lawyer that handled my father's estate took a percentage of the life insurance that my Father had. I have since heard that they are not allowed to do that. Is this true? If so, is there a statute of limitations on such?
Is there any thing that we can do about it now? | 
05-07-2003, 09:12 AM
| | Senior Member | | Join Date: Jan 2000 Location: Los Angeles, California
Posts: 38,191
| | | Re: Lawyers fees Quote: Originally posted by Seanscott What is the name of your state? IN
My
father was killed 25 years ago. The lawyer that handled my father's estate took a percentage of the life insurance that my Father had. I have since heard that they are not allowed to do that. Is this true? If so, is there a statute of limitations on such?
Is there any thing that we can do about it now? |
My response:
Assuming your facts are true and correct, you can believe that any applicable Statute of Limitations has expired long ago, thus barring your family members from taking any action.
IAAL | 
05-07-2003, 12:15 PM
| | Member | | Join Date: Feb 2002 Location: Indiana
Posts: 625
| | | Lawyers fees Is it true though? I had assumed that there probably wasn't anything that could be done, I don't even know if the Attorny is still alive, but I was just wondering if what I heard was true, even 25 years ago. | 
05-07-2003, 12:19 PM
| | Senior Member | | Join Date: Jan 2000 Location: Los Angeles, California
Posts: 38,191
| | | Re: Lawyers fees Quote: Originally posted by Seanscott Is it true though? I had assumed that there probably wasn't anything that could be done, I don't even know if the Attorny is still alive, but I was just wondering if what I heard was true, even 25 years ago. |
My response:
The lawyer, obviously, had to be paid. Money is fungible. So, what does it matter where the money to pay him came from?
It's a moot point.
IAAL | 
05-07-2003, 12:49 PM
| | Member | | Join Date: Feb 2002 Location: Indiana
Posts: 625
| | | Lawyers fees Apparently you are not getting the question or you just don't know, I am asking if lawyers are allowed to take a percentage of life insurance policies or not? And beleive me he was paid. I really did not care that much I just was curious if this was a fairly new law or if it had been around for a while. I was fifteen when my father was killed in a freak accident at his place of employment, I did not know anything about the estate and the legalities that surrounded it. I am just curious and trying to figure a few things out. I am not trying to go back in time and exact revenge. | |
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