Be Warned About This Bank Scam When You Inherit.

When the administrators of a trust pay the heirs of the estate, that is final.  They cannot came back and reclaim your money if they didn’t pay all the claims beforehand.  So says a lawyer after one suspicious nephew questioned the letter he received with his request of receipt from the bank.

While it isn’t out of line to ask that the heirs to confirm that they received the money sent to them; it is out of line to say that the trust tired to pay ever bill against the estate and they think they have done so but if there is a future claim, they will want the money back and you, dear Heir, are the sucker that is supposed to just give back your inheritance.    

The lawyer that was consulted says that such a practice  is illegal and if you sign the paper, the bank can send a copy to the bank your money was sent to and try to steal it from your account.  Some banks are really lame and will just hand the money over.  Some others will make the thieving bank go to you to try to get the inheritance back.  

The manager at my new bank here in Albuquerque where I moved the money to with whole new account number suggested I call the bank in St. Joseph, Michigan, and instruct them that I do not agree to repay anything. I am sending them a fax to that effect.  Writing is better than calling.  

Also, I pointed out that the personal manager of the account was off duty because of a surgery and whoever is doing this illegal thing needs to be uncovered and investigated. Either the manager we dealt with found a way to scam trusting people out of their money from the Cayman Islands instead of a sick bed or an employee still there is a crook.

Whatever is the case, the heirs of this particular estate are a group of honest people, who trust a bank letter and some of us send back that letter giving the bank permission to scam them.  The Big City heir didn’t trust that nonsense and the lawyer confirmed he was right to be suspicious. We are grateful.   We pass the warning on. * * *