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How To Recover Stolen Inheritance

Recovering stolen inheritance

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We hear the stories and take it will never happen to us. The reality is, some people steal inheritances that belong to others. It is important to understand your rights as a beneficiary. Unfortunately, many people don’t learn of their rights until after they have had a loss. If you want to know how to recover stolen inheritance, keep reading!

Table of Contents

 

Document Everything

The most important thing you can do to recover your stolen inheritance is to document everything. If you know the person who has your inheritance, record all of your conversations. Be sure to use email as much as possible. If there is any way to record a phone conversation, do so. It is important to know the laws around recording conversations, you may need to get their permission to record.

You also don’t have to document, conversations be sure to document everything. This includes dates and times of any activity that may have been a part of the theft. Such as unusual transactions at the bank or unusual behavior. It can be something as simple as a timeline of events that have led up to the theft. The more information you have documented the better your chances of recovering your inheritance.

Just Ask!

 It may sound a little too simple but if you ask, sometimes you will get your property back. If you’ve been documenting all of your conversations and have every bit of evidence to prove that the assets are yours, the person may give it back instead of dealing with the court system. Don’t be shy about the evidence you do have, use it to your advantage when you’re asking for your property back.

Inheritance Advice

So maybe you asked for your property back and the thief decided not to do the right thing. This is where a probate attorney becomes your biggest asset. When you meet with the probate attorney there are four questions that you will discuss. Those are regarding what the inheritance was, who took it, when did the table take place, and how did they steal it? Let’s dive into each one of these questions a little bit further.

What Is The Inheritance?

Many people assume that inheritance is cold-hard cash. However, a lot of times inheritance is a physical property. Such as a home, land, or a vehicle. Sentimental items such as household knick-knacks or paintings passed down through the family are also considered inheritance. If you have a copy of a will that lists everything that you were owed, provide it to the probate lawyer. They will need a complete list of everything you are owed to proceed with filing a lawsuit against the person.

Who Stole It?

Knowing who stole the inheritance is a vital part of the lawsuit. If you do not know who is the person that took it, a list of suspects is important. The list must include evidence as to why you think they are the ones who stole your inheritance. 

If you do know who stole the inheritance, this should be noted to the probate lawyer immediately. They will ask questions regarding their relationship with the deceased. Perhaps they were a caregiver, executor of the estate, or a family member. It could even be a financial professional who had control of the estate before death.

When Did The Theft Take Place?

When the theft took place will rely heavily on the timeline you can provide. More often than not, a thief has been working at the scam for quite some time.  The more you know about how a person has stolen your inheritance the better it is for your case. Did this person befriend the deceased? Or perhaps they were able to get the deceased to change the will so they became the executor of the estate. Or worse, wrote others out of a will to gain more. If the theft was done by a family member it could have been manipulation or threats of harm. Documentation that can support your timeline will also help prove if the theft was premeditated or a quick act of desperation. When you seek out a lawyer for legal advice this is one of the key questions they will ask almost right away to determine if you have a case.

How Did They Steal It?

Figuring out how the thief stole your inheritance will depend on your documentation and your timeline. While we often assume that the thief has manipulated the deceased, that isn’t always the case. Sometimes it’s as simple as getting access to assets before inventory has been taken. If that is the case you will note some oddities in their behavior before inventory is taken. They make excuses about missing assets. They stall on providing information to all of the beneficiaries. Or they simply ghost the family and friends of the deceased rather than provide any information. If they are selling off assets quickly before inventory is taken, you may notice that they are depositing more money into their accounts.

Filing A Lawsuit

File A Lawsuit

Now that you have reviewed your evidence and your timeline, you may think you have a solid case and are ready to hit the courts. The reality is, sometimes it isn’t always the best course of action. Before you file those documents let’s go over what your lawyer will have to say about recovering your stolen inheritance.

Is It Worth Pursuing?

The first thing your lawyer wants to discuss with you it’s whether or not the case is worth pursuing. This is a volatile time for any person that has had property stolen. Especially if that property and assets belonged to a loved one who left them to you. Everyone wants to see justice take place and feels that going to court is the best course of action. Unfortunately, sometimes it’s not worth the time and money.  Let’s consider the three things that will affect whether or not you should go to court.

  • Cost to sue
  • Value of the inheritance
  • Effectiveness of your evidence

Cost Of Lawsuit

As with any lawsuit, there is a cost. You’re looking at lawyer’s fees, filing fees at the courthouse, and your time away from work to pursue your stolen inheritance.  Is it worth the expense to sue the person that you believe stole your inheritance?  For some people, it is worth the cost. Usually, people have more disposable income. But if you are the average Joe, spending time in court battling for stolen assets can become a financial burden.

Value Of Inheritance

In many states, there is a requirement that the value of your inheritance must meet. For instance, in civil court, you may need to have an inheritance worth up to $3,000. In some states, the requirement might be for a value of a minimum of $3,000. If your lawsuit does not meet these requirements, your probate attorney will stop any proceedings.

Value Of Evidence

 When we discuss the value of your evidence, we are not talking about monetary value. The value of your evidence is really whether or not it is solid. If it’s circumstantial, you are less likely to win your case. But if you have solid documentation and an air-tight timeline, it will be worth your time and money.

Recovering From The Theft

The recovery of your assets can be a time-consuming endeavor. When you get your legal advice, be sure to ask how much time your lawyer thinks everything will take. Then check in routinely on that timeline. The longer you are in court, the longer everything will take. Then you must wait for restitution to be paid or property to be returned. This can take even longer and there is no guarantee you will recover stolen assets.

Once you have succeeded in your case, Inheritance Advanced can help. We can provide you with the cash you are owed while collecting the restitution and estate assets. We can make things a lot easier for you and your family members. Call us today to learn more!

Be A Part Of Estate Planning

The best way to prevent stolen inheritance is to understand how estate planning works and your rights. Retain legal counsel to help you navigate every step and through probate court. You want to know the status of the financial affairs and how certain assets will be distributed. If you want to be the executor of the estate, you need to know what the legal ramifications are for mishandling the decedent’s estate. When you know how things work and your rights, you are less likely to have your inheritance stolen.

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The best thing you can do for yourself is to contact us about getting an advance on your inheritance. No more waiting for the legal process!

Legal Disclaimer: Please note that Inheritance Advanced is not a lender. Inheritance advance does not provide probate loans, inheritance loans, or estate loans, rather, an advance on a portion of proceeds signed over to Inheritance Advanced. Inheritance Advanced is also not a probate attorney and any information in this article should not be misconstrued as legal advice. We recommend that you seek the advice of an attorney, CPA, and tax attorney regarding any decisions pertaining to your probate.

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Our Inheritance Cash Advances help heirs receive a portion of their inheritance payout in just a few days. We then wait and are paid directly out of your share when the estate finally closes. We wait for probate so that you don’t have to. Click below and fill out our short form to receive an advance immediately.

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