Missouri couple's $895,000 trust dispute ends as court backs medical trust

Mary Alice and Ray Bergfeld created a joint trust of almost $895,000, with the intention that Ray's IRA would support her healthcare costs. After Ray's unexpected passing, Mary Alice found out she was not the designated IRA beneficiary. A court decision revealed that Ray's negligent misrepresentation warranted the establishment of a medical trust for her benefit.

First reported by Times of India 1 hr ago1 source

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Times of India08:431 hr ago
Missouri couple's $895,000 trust dispute ends as court backs medical trust (opens Times of India in a new tab)
Mary Alice and Ray Bergfeld created a joint trust of almost $895,000, with the intention that Ray's IRA would support her healthcare costs. After Ray's unexpected passing, Mary Alice found out she was not the designated IRA beneficiary. A court decision…

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