We are now told spouse's parent had a new will written up by an attorney "because she did not like the wording on the old will." We were told by spouse's sibling, who now has financial POA, that parent then decided she liked the old will better & parent then tore up the new will. Is this kosher, meaning, is the old will then considered las egal? I'm more than ever convinced they are nuts, lying or both. I give spouse kudos for dealing with them.
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I'm really shocked though that the attorney doesn't keep any copy of the will he drafted.
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Assuming the new will was in fact that, and not a codicil (basically an amendment), typically there would be wording in it stating that it supercedes and revokes any and all prior wills. So that would in effect render null and void the earlier will.
However, now that the new will has been destroyed, without having been revoked so that the first will is the valid one, I guess the question would be whether anyone has the new will and would look to it in the event of MIL's death.
Did she destroy the original will or a conformed copy? If the latter, it isn't going to render the will invalid.
The attorney would certainly have a conformed copy, if not the original will (many attorneys have vaults for storage of original wills) and would assume that it's still valid. If anyone else has a copy of the new Will, he/she would look to that in the event of a death.
I've never heard of anyone tearing up a will, but I don't believe that legally renders it invalid; it just destroys the paper copy.
The biggest issues I see are (1) the stability of someone who didn't like will #1, then didn't like will #2 and tore it up and (2) who has the original will #2.
I can't help wondering if MIL really understands either the terms of the will or what she's doing.
I think the sibling who is named in the DPOA should contact the attorney to let him/her know of the situation and see if he/she can prepare a reinstatement of the first will. I'm not really sure of the proper legal procedure because I've never experienced this while working at law firms.