Regina Ockelman
Junior Member
What is the name of your state? CA
My aunt moved to CA from CO with a CO will naming myself and my mom as co-executors. The will divides her property into three equal shares, between my mom, my brother, and me. However, the majority of my aunt's money is in investment accounts with defined beneficiaries.
My aunt is terminally ill and my mother is her conservator. When my aunt passes away, only the money in the accounts without defined beneficiaries will have to be probated, correct? But if the other accounts have unequal amounts divded among the three benficiaries of the will is there any way to make each person's share equal? This was my aunt's intent, but it looks like the person whose name is on the account with the most money in it will walk away with more than his or her fair share, since the will doesn't apply to defined beneficiary accounts. Got any ideas?What is the name of your state?
My aunt moved to CA from CO with a CO will naming myself and my mom as co-executors. The will divides her property into three equal shares, between my mom, my brother, and me. However, the majority of my aunt's money is in investment accounts with defined beneficiaries.
My aunt is terminally ill and my mother is her conservator. When my aunt passes away, only the money in the accounts without defined beneficiaries will have to be probated, correct? But if the other accounts have unequal amounts divded among the three benficiaries of the will is there any way to make each person's share equal? This was my aunt's intent, but it looks like the person whose name is on the account with the most money in it will walk away with more than his or her fair share, since the will doesn't apply to defined beneficiary accounts. Got any ideas?What is the name of your state?