My son’s mother passed away 11+ years ago when he was only 3. It took almost 8 years and 3 different lawyers to get Darden to release her 401K and other investments to us. The courts appointed a lawyer in 2019 as the fiduciary to his accounts which i have no problem with. Well the bank had my address as the original fiduciary before the lawyer was appointed and i initially received a statement just showing the amount of what was in the accounts back in 2019. Well someone screwed up and sent me a statement the other day and i was shocked to find out they have 60K plus of this kids money sitting in a CD that has a 1% interest rate - he’s paying 4.5x more in fees to the lawyer who oversees his finances than he is making in interest. I currently cannot afford a lawyer to go to court and try and make these people invest my sons money into more a more profitable HYSA or other CD. Does anyone have any advice for me? I really have zero clue on how to approach this - i just had lawyers do it before but i am not as financially ok as i was 10 years ago. My health has cause me to miss a bunch of work the last 4-5 years. TIA.
Submitted May 25, 2024 at 01:38AM by GetFvckedHaha https://ift.tt/wyPrio9
