Legal Question in Wills and Trusts in Indiana

will vs. revokable trust

My parents have a will - and in it it states that I receive x amount of monies over my sister - now my sister's name is on the bank accounts and I was wondering if she took out the monies would she be entitled to give me extra as stated in the will - she is also telling me that the will is no good essentially and that if property is put in revokable trust - that the will is no good My parents live in Indian and so do I - but she lives in Florida


Asked on 11/15/08, 2:07 pm

1 Answer from Attorneys
Samuel Hasler Samuel Hasler

Re: will vs. revokable trust

A Will only covers property that is not passed via non-probate transfers. Non-probate transfers being joint bank accounts, insurance and money passed by trust.

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Answered on 11/15/08, 8:15 pm


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