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They can try but, this is something that mom did and it is completely legal. It is almost impossible to get a win when contesting a beneficiary named by the owner of the asset. Especially when it does NOT go through probate, which TOD does NOT go through probate.

I am sorry for your loss. I pray that your siblings accept whatever gift mom left them and let you alone with the gift she gave you.
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Reply to Isthisrealyreal
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I was told by my bank officers when setting up jumbo CDs or any bank accounts, you need a POD designated (Payee On Death).

Then you bring a copy of the Death Certificate in and it's done. Even if a $100,000 account. Don't even tell your siblings, none of their business.

I have seen so many families who try to reward the one sibling for all their financial and caregiving help, while the others never bother. Then when the parent dies, the lazy ones come for the money, hire lawyers, whatever.

An inheritance is a GIFT, not a right.
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Reply to Dawn88
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I'm not a lawyer, but from what I know assets that have a named beneficiary, i.e., TOD pass directly to the beneficiary. What is the timing of the 2 actions: the revocable trust in 2017 but when was the TOD put on the stock account? I could see it being a problem if the stock account was named in the trust but was also designated as TOD at the brokerage. What assets were designated as being in the trust?
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Reply to newbiewife
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This stock is payable on death, I assume and not help within the trust? If that is so, then yes, you are listed as the only beneficiary of this stock. Your siblings can do whatever they like; they won't be successful and will have to pay an attorney big time. Simply do not discuss ANYTHING about this with them. To be honest it is quite a shame they are even aware it exists. It will just cause hard feelings.

If this is of any size at all and you would like to be reassured do see a probate attorney who can help give you reassurance.
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Reply to AlvaDeer
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