Tuesday, July 22, 2014

My aunt recently passed away. I was her power of attorney. She had stocks that I sold to pay for her nursing home care but I did not have to...

Question

My aunt recently passed away. I was her power of attorney. She had stocks that I sold to pay for her nursing home care but I did not have to use the money. We learned that she wanted me to have the money from the sale of the stock specifically. All other monies are to be divided among other relatives. My question is, since I sold the stock does the money I got from the sale of the stock get divided among the relatives or do I get it? It was kept in a separate account from all other money. Thank you!



Answer

If your name was on the account into which the funds went, you may be able to claim the proceeds of sale of the stock, but you should have a local attorney look at the paperwork.



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