As a benefciairy what are my financial responsibilities?

UPDATED: Oct 1, 2022

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As a benefciairy what are my financial responsibilities?

My mom passed; I am 1 of 3 beneficiaries. The PR, who is also a beneficiary, did not protect the homestead. The 3rd beneficiary hired an attorney to do that which he did not because she withdrew. Why is he being paid out of my 1/3 of the Trust and estate when I didn’t hire him.

Asked on November 7, 2018 under Estate Planning, Florida


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 4 years ago | Contributor

Because the attorney was protecting ALL the estates' property, which means all of the beneficiaries interests. Had this been successful, you would have benefitted; you are not permitted to get a "free ride when other beneficiaries pay for something benefiting you.

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.

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