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Sat Sep 12, 2020, 10:08 AM

This message was self-deleted by its author

This message was self-deleted by its author (Maraya1969) on Sat Sep 12, 2020, 11:39 AM. When the original post in a discussion thread is self-deleted, the entire discussion thread is automatically locked so new replies cannot be posted.

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Response to Maraya1969 (Original post)

Sat Sep 12, 2020, 10:11 AM

1. Who is the beneficiary for the annuity? It's the trustee's responsibility to

notify the annuity.

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Response to sinkingfeeling (Reply #1)

Sat Sep 12, 2020, 10:17 AM

2. The Trustee didn't. I even told him about it, (without telling him that they were still giving me

money and his response was it was an old annuity, (I get the feeling he didn't know about the payments to me and I didn't want to tell him. Mom set it up for me years ago and he has been a prick about a lot of things since he took charge. Knowing him he might have demanded 1/2 of it.

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Response to Maraya1969 (Reply #2)

Sat Sep 12, 2020, 10:28 AM

3. Your mom would have set up the beneficiary. Trustee can't change distribution of the estate.

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Response to Maraya1969 (Original post)

Sat Sep 12, 2020, 11:18 AM

4. If it was set up as a retirement benefit pensioned payment then there is no recourse.

My mother had the same type of retirement annuity from an old job and it was set up to pay a monthly amount until death.

Afterwards, they were not contacted by the trustee (my brother) and kept paying into the account I inherited. Once I discovered the problem and contacted the annuity company, they took back all over payments. I had no legal say in the matter.

I wish there was better news.

So sorry for your loss.

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Response to cayugafalls (Reply #4)

Sat Sep 12, 2020, 11:38 AM

6. Thank you.

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Response to Maraya1969 (Original post)

Sat Sep 12, 2020, 11:20 AM

5. They can take the money because it isn't yours.

Iím not trying to judge, but this is why you balance your account every month.

Even if you put it under your bed, they would still get it back. Itís not up to them to set up payback plans.

I donít think your review was appropriate at all.

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