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Questions Answered by Sean David Ethington
1 Answer | Asked in Estate Planning for California on
Q: Once an estate has been liquidated, how long does executor have to distribute funds to heirs?

There is no contention as to the status of funds. They are in accounts available to executors. First and second executor are siblings to rest of heirs. Primary executor just says he’ll get around to it sometime.

Sean David Ethington
Sean David Ethington
answered on Mar 21, 2020

More information is necessary to properly answer your question. Is this a trust estate or will probate be necessary? In either scenario beneficiaries are entitled to information and certain documentation. You may need to consult an attorney to insure the estate is being handled appropriately and... Read more »

2 Answers | Asked in Divorce, Estate Planning and Probate for California on
Q: My mother in law died and left my husband and I over $200k. She didn’t put my name on the account.

Before passing, she showed me how to access the account and that she was glad it would help us. My husband didn’t know about the account value until I told him about it after she died. His grief pushed him over the edge, he got a girlfriend and left me after obtaining this account. Divorce has... Read more »

Sean David Ethington
Sean David Ethington
answered on Mar 21, 2020

I unfortunately agree with Mr. Gaffney.

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4 Answers | Asked in Estate Planning for California on
Q: For listing assets in a trust, how specific does it have to be? Can I list "Chase Bank account"? Whole account number?
Sean David Ethington
Sean David Ethington
answered on Mar 21, 2020

Title with the banking institution should reflect that your trust is the owner of the account(s). In order to accomplish this you should contact your bank, inform the bank of your trust and instruct the bank to transfer title from your individual name to the name of your trust. This is quite... Read more »

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