What is the name of your state? Florida (investments in TX)
I am overseeing a death situation with investments left to 10 named beneficiaries, all to receive 10%. All claim forms were submitted at the same time.
It turns out the investment company completed these claims on 3 different days, hence the beneficiaries received 3 different amounts due to market fluctuations. The named beneficiaries did not each receive an equal 10% as designated. Some received over $1000 less than others.
Is there any recourse? Is there anything that can possibly be done now to allow for the beneficiaries to each receive the 10%?
Thank you in advance.
I am overseeing a death situation with investments left to 10 named beneficiaries, all to receive 10%. All claim forms were submitted at the same time.
It turns out the investment company completed these claims on 3 different days, hence the beneficiaries received 3 different amounts due to market fluctuations. The named beneficiaries did not each receive an equal 10% as designated. Some received over $1000 less than others.
Is there any recourse? Is there anything that can possibly be done now to allow for the beneficiaries to each receive the 10%?
Thank you in advance.