Have you ever buried your treasure only to forget exactly where you buried it? Your search becomes more and more frantic, and pretty soon, your backyard looks like a herd of aggressive gophers have thrown the rodent party of the decade.
Since the advent of banks, credit cards, PayPal, wire transfers and e-signatures, this problem isn’t as common as it used to be. But, it still happens (well, kind of). An Arizona man died in 2001, after having stashed half a million dollars in the walls of his house. The couple who bought the house found it, and claimed it. To determine whether the finders or the heirs should get the cash, a state court had to determine whether it was mislaid or abandoned.
Back to the gophers – take care not to step in a hole and break your neck. It will really save your family a lot of hassle and heartache if you’d just make your treasure maps a little more clear. Also, visit our team of highly skilled estate planners to ensure that your assets are passed along in a safe and lawful manner according to your wishes.
*News brief provided by Jones Waldo attorney Kathleen McDonald.
To read more by Kathleen visit her Appellate Litigation Spotlight Site.