Is it a coincidence that my husband is inheriting an estate & the bank is calling to talk to him about investment options while it's in probate? Do they go through the beneficiary's accounts during the process?
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Derek Moran
Do you have access to a recent Blacks Law Dictionary, Samantha?
Tony White
The sharks are circling.. Pretty sure someone on staff reads the obit's
Samantha B. Witching
No Derek, I don't. Haven't got my hands on one yet. Why?
Samantha B. Witching
The online resources I've tried don't seem to be very thorough. Anyone have a good link?
Derek Moran
Bank = TRUST COMPANY in disguise i.e. TD Canada TRUST
Now- here's the kicker..you are assuming that YOU are the beneficiary of that account, and why wouldnt you? YOUR account.. your so-called money from your LABOUR.. YOUR deposits into that account.. so obviously YOU'RE the beneficiary of that account, right? WRONG. Welcome to what a TOTTEN TRUST is. The bank, because nobody reads the 10-page contracts to open an account, have helped themselves by making THEMSELVES the beneficiary, and YOU the Trustee. Nice trick huh?
Derek Moran
TOTTEN = dead, or death in german btw
Derek Moran
Assuming its one of his parents, thats the purpose of probating..if your husbands parent had no next-of-kin left when they passed-away, who do you think would've acquired all the 'money' left in their bank-accounts if the bank in the end was the one listed as THE BENEFICIARY? ;)
Derek Moran
*Bank to themselves* "DAMMIT! This man or woman left behind a son/heir married to Samantha B. Witching! We've been screwed-out of what should have been SELF-righteously ours to begin with we never had to work for, AGAIN!!"
Samantha B. Witching
Ha ha! Sounds about right.
Samantha B. Witching
This is why I asked about Credit Unions. Scott said to use them. We don't have an account in one yet though.
Anyone looking for law dictionaries, try that. 17 files in one download. Black's versions 1 through 9, plus Bouvier's and more
Ceit Butler
Works great on my smartphone, too! Pretty handy to be able to carry all of that around in your pocket
Samantha B. Witching
Thank you Derek! Thank you Kate! :)
Harry Wombat
Scott comes bearing gifts.https://www.facebook.com/groups/tenderforlaw/permalink/492303727472231/ So do I http://bouvier.worldfreemansociety.org/bouvier.htm
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Derek Moran
Tony White
Samantha B. Witching
Samantha B. Witching
Derek Moran
Derek Moran
Samantha B. Witching
Derek Moran
Derek Moran
Derek Moran
Derek Moran
Samantha B. Witching
Samantha B. Witching
Ceit Butler
Ceit Butler
Ceit Butler
Samantha B. Witching
Harry Wombat
Harry Wombat
Derek Moran