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About Alexander J. Hay
Expertise
I can answer questions on trusts, wills, and specifically the use of Offshore Trusts and Companies in combination with Domestic entities to help with estate planning, tax minimization and asset protection.

Experience
I am a U.S. attorney with offices in the United States and Belize. I have experience helping to protect assets, reduce taxes, and improve investment performance by utilizing global investment techniques.

Education/Credentials
Harvard University, A.B. degree; University of Houston Law Center, J.D. Degree; Fulbright Scholar

 
   

You are here:  Experts > Money > Wills/Estate Planning > Trusts & Estates Law > Fathers Estate

Topic: Trusts & Estates Law



Expert: Alexander J. Hay
Date: 4/25/2008
Subject: Fathers Estate

Question
My father died 9/10/2001 and had no will.  I have two brothers and 1 sister, and we all signed some paperwork years ago appointing my sister legal rights to access his bank accounts and stocks.  My understanding is that the total value is less than 40,000.  To date, my sister has stated she has not accessed this money or stocks yet, and repeatedly says she will send me the paper work to take care of it.  I believe she has already taken the money, I know the bank and stock account #'s, but without my brothers and sisters cooperation, how will i know if she already got the money out?

Answer
You will need to retain an attorney if your sister does not comply. She has had more than enough time to produce the documents, so I suspect you are correct. The only issue is whether or not you can force her to payback what she may have stolen. You need an attorney. Talking to her directly will not help, and you are going to need to get court orders to obtain information about the accounts.

Good luck.

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