[WSBAPT] Fidelity error in failing to add beneficiary to IRA account

[Jill H. Sasser]

I have had similar issues.  I’m happy to discuss off-list about my experiences in more detail.  In general, I have found it most efficient in terms of cost and time to just get a court order directing the account holder to distribute in a certain manner.  I have never had the account holder contest the petition.

Jill


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Jill H. Sasser | Attorney at Law
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From: wsbapt-bounces at lists.wsbarppt.com [mailto:wsbapt-bounces at lists.wsbarppt.com] On Behalf Of Allen Draher
Sent: Friday, March 31, 2017 11:53 AM
To: wsbapt at lists.wsbarppt.com
Subject: [WSBAPT] Fidelity error in failing to add beneficiary to IRA account

A client had Fidelity fail to add a beneficiary designation despite the request to do so on Fidelity paper work.  Loss is stretch out of ten years or more on a $500,000 IRA.  I am wondering if any members have litigated with Fidelity or other brokerage firms on a similar issue.  Allen

Allen Draher

Law Office of Allen Draher, PLLC
5426 California Ave. S.W.
Seattle, WA 98136

ph   206-935-2998
allen at draherlaw.com<mailto:allen at draherlaw.com>

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