Summary

Article Metadata

Brother liquidated mother's 401(k)

This is a news story, published by Yahoo Finance, that relates primarily to POA news.

personal finance & financial education news

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MarketWatch

MarketWatch

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Business

Business & Economics

‘He failed in his fiduciary duty’: My brother liquidated our mother’s 401(k) for her nursing home. He claimed the rest.

MarketWatch

Summary

Nutrition label

67% Informative

My brother liquidated our mother’s 401(k) account into a fund to help with home/nursing care.

My brother is now stating that the balance, which was not consumed by nursing-home costs, is lawfully his.

He failed in his fiduciary duty as the POA was void at death.

Can you prove that your brother committed fraud and/or elder financial abuse?.

VR Score

62

Informative language

55

Neutral language

53

Article tone

informal

Language

English

Language complexity

40

Offensive language

possibly offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

6

https://www.marketwatch.com/story/my-mother-in-law-has-done-some-shady-stuff-she-wants-to-sell-air-rights-to-her-home-and-cheated-her-grandchildren-out-of-their-inheritance-9cceaecf?mod=search_headline&mod=article_inline https://www.marketwatch.com/story/s-p-500-changes-are-imminent-robinhood-and-these-other-stocks-could-join-the-index-730ffca8?siteid=yhoof6 https://www.marketwatch.com/story/he-failed-in-his-fiduciary-duty-my-brother-liquidated-our-mothers-401-k-for-her-nursing-home-he-claimed-the-rest-141c9355?siteid=yhoof6 https://www.marketwatch.com/story/i-help-my-elderly-mother-every-day-and-drive-her-to-appointments-can-i-recoup-my-costs-from-her-estate-60ebfd18?siteid=yhoof6 https://www.marketwatch.com/story/the-situation-is-extreme-im-65-and-leaving-my-estate-to-only-one-grandchild-can-the-others-contest-my-will-4d107fe1?siteid=yhoof6 https://www.marketwatch.com/story/my-husband-and-i-bought-my-mother-in-law-a-condo-upkeep-costs-2-800-a-month-she-refuses-to-get-a-roommate-0083f89a?siteid=yhoof6

Source diversity

1

www.marketwatch.com

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