My aunt is the executor of my deceased aunt's estate. My dad receives the majority of the estate and all residuals, with the exception of the Verizon Co. stock, which goes to the aunt who is the executor. When the executor transferred the stock to my dad, she kept the Verizon Co. stock as well as all the Frontier Communications stock. We when asked about it, she said it was hers. That Frontier Communication was a spin-off of Verizon AFTER my deceased aunt wrote her will in 2005. Frontier was never owned by Verizon. The two conducted a business deal where Frontier bought Verizon land lines. Frontier paid Verizon stock holders in Frontier stock. We think the will is pretty specific in that it clearly states that only the Verizon stock goes to this aunt and all residuals of the estate go to my dad. Who is correct?
1 Answer from Attorneys
Obtain the services of a probate litigation lawyer to assist you in determining your rights to the Frontier shares.Serious investigaation and tracing of the history and who the participants were at the time of acquisition of the Verizon shares and provisons of the will will be required. Be prepared for long litigation.