About 30 years ago my grandfather passed away I was unable to get to Adams Massachusetts to claim his estate and money willed to my sister and i. He had a major patent with ge. He worked with ge and invited a part, the patent that gave him lifelong payment and was supposed to go to carry over to his next of kin, I do still have paperwork of the lawyer telling us he was broke. The lawyer told us he was broke, which we know was untrue he was very wealthy, and said we each had 1500 dollars. Any time I would call the lawyer after his death they would freak out asking us if we were in town telling us that he told us he was taking care of everything over long distance. He lived in mass and I am in texas, can I do anything to regain what is rightfully mine?
30 years ago? Seriously? All statutes of limitation have expired after 30 years.
DISCLAIMER: This is not specific legal advice and does not establish an attorney/client relationship.
This is a long time and the chances of you recovering are slim to none. But, most states require that if money cannot be distributed to heirs, it goes to the state. You might check with the state. But any judge that looks at this will ask why did you wait 30 years.
I am very sorry to hear about your troubles. Unfortunately, at this point in time, there is unlikely to be much to be done, depending on the details.
A patent expires after 20 years. Typically, any royalty or other agreements based upon a patent are no longer enforceable after it expires.
If GE, in a show of appreciation, promised him money unrelated to that, then there may be a contract matter, though it is unlikely that GE would agree to continuing to pay his heirs 30 years later. It is likely you were misinformed.
Additionally, if you have known about this for 30 years, then it is almost definitely too late to do something about this now. However, if you only recently learned of it, then it may be worth talking to an attorney confidentially, and not here on a public forum, and seeing what options may still exist, and if there was even an enforceable agreement.
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