Follow
Share

I am in the process of becoming my grandmothers legal guardian. Do I have rights to her assets if she were to pass away. There are no other close family members. Also would it trump a beneficiary?

This question has been closed for answers. Ask a New Question.
Find Care & Housing
No guardian is over just as POA is over at death.
Helpful Answer (0)
Report

No it would not trump a beneficiary.

If grandmother has a will that will be how her assets are distributed. If she needs a guardian she no longer has the ability to change any of these things. If she does not, then her estate would go through probate, with a judge making the decisions about who gets what. You say no other close relatives, you will be surprised how many relatives she has if she is a wealthy woman.

I hope that doesn't change your willingness to help grandma.
Helpful Answer (1)
Report

If your grandmother dies intestate (without a will) there will be laws in your state that lay out a formula of who inherits.
Helpful Answer (1)
Report

This question has been closed for answers. Ask a New Question.
Ask a Question
Subscribe to
Our Newsletter