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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Your dad sounds like an ass and is keeping money that he shouldn't have received in the first place. He is not "owed" anything, such entitlement lol. It doesn't matter if his sister was favored more or not growing up, that is his parents decision. Life isn't fair... tell him to grow up and do the right thing according to his parents wishes.[/quote] If the uncle's lawyer (the person hired to represent the uncle's interest) says the money belongs to OP's dad it sounds like the account was structured that way. His parents' wishes as you put it.[/quote] To be fair, we don't know, and can never know, whether OP's grandpa intended to have this account be treated like all other assets (and hence 50% to OP's dad/50% to OP's cousins or uncle) or that this account was meant for the kids only. As a PP said, if you have explicit beneficiary instructions on an account, that account acts differently from all other assets -- whether OP's grandpa intended for that to be the case or was just thinking "oh yay, I can get my kids this money quicker because it bypasses probate" and didn't think "hey, what if one of my kids dies before me/right after me or this account gets lost in the shuffle?" Also -- beneficiary instructions for accounts like 401k's overrule a will. Those are disposed of and paid out before the will is even attended to. [/quote]
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