My uncle was losing his site about 3 years before he died. My cousin was POA of his accounts which had about $300 thou. I asked for a breakdown of the accounts because I just felt that I couldn't trust my cousin. To my amazement...there is $150 not accounted for!! I'm furious and told the attorney...this is not right. I asked for all statements so that I could review the activity 3 months before and until his death. Two months before he died, he updated his will for the last time and said that my cousin and I would split the money in the cd's, savings, and checking account. Now I'm being told that there is no cd's or savings information that was given to him? This is crazy....what can I DO to find out where that money is??? I'm sick not knowing what I could and should do. I'm waiting for the paperwork to be sent in...and have been waiting for that for a month and a half. My uncle was of VERY sound mind...but could not read his letters from whatever institutions he had his money in. HELP!
"Unsuspect" your cousin, unless you have some really good reason to suspect him, but BOTH of you supposedly have about $75k on the line, so he shouldn't mind looking through (and making available) the bank statements to figure out where the other $75k was last "seen".
Someone (the executor) needs to look through all of your uncles papers to find records of the CDs, etc., and contact every institution that you find. With the SS# & death certificate your cousin (if he is the executor) could contact all of the banks that you uncle did business with get an accounting of the CDs, etc. (maybe a safe deposit box). This takes time, and the executor SHOULD be compensated, and the courts have a formula for this.
BTW, keep the mail coming -- make sure that mail that is sent to his home address continues to go somewhere (your cousin's house, the attorneys, your house). Statements may appear that you guys didn't know about (ie quarterly investment statements).. Make sure you re-new the forward instructions with the post office every 5-6 months for AT LEAST a year. It's free, and some banks won't contact you until 1+ year of "inactivity".
At least it won't cost you anything personally as fees are paid from the estate, if you get the right heir location service, that is recommended by many of the top probate and estate attorneys in your area... and who has a ton of unclaimed estate & heir location experience, and knows how to recover unclaimed assets, missing inheritances, or unclaimed inheritances quickly and seamlessly. Unclaimed assets that belong to you apparently, in this specific case.
This type of help, a firm that knows how to recover inheritance assets that rightfully belong to you... (we'll call it unclaimed assets, or missing inheritance assets), may be a good option for you.. as well as for other readers of this forum who are in a similar situation and need to recover their unclaimed assets, or who need to establish heirship... if that's in question for some reason. Some people have significant unclaimed inheritance assets. A lot of people use a firm like American Research Bureau, or ARB, arb. or they might go to heirfinder when they need fast heir location services to recover assets, to recover missing inheritance assets, or an unclaimed inheritance... because their fees are paid from the estate, and they are fast and good. This type of arrangement gets you top level probate & estate research. If you're genuinely entitled to an inheritance you deserve the best help to establish heirship or just to recover a missing inheritance, some people are actually missing heirs, but in your case, you don't need help with identifying and locating potential heirs and beneficiaries -- you need to establish that you're entitled to a share of an unclaimed estate -- and 100% of that share should be coming to you, not just some of it! That's my two cents.
See All Answers