Legal Question in Wills and Trusts in Connecticut
Equal distribution of assets by will
My parents made a will in which all of their assets were to be distributed equally between their children. At the time the will was made out, there were numerous savings bonds in their name payable to one of the children, but not the same number or dollar amount for each child. Some of the bonds were POD.
My question is twofold. Are the bonds considered the parents assets at the time the will was made, and does the will dictate that the bonds be divided equally regardless of whose name they are in?
Asked on 4/23/04, 1:45 pm
1 Answer from Attorneys
Bonnie Lee MacDonald
Law Office of Bonnie Lee MacDonald
Re: Equal distribution of assets by will
The bonds pass outside of the will and are not divided equally.
Answered on 4/23/04, 2:16 pm
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