N4T Investigators: Family wins long fight for inheritance - KVOA | KVOA.com | Tucson, Arizona

N4T Investigators: Family wins long fight for inheritance

Posted: Updated:

After 7 months of waiting and a News 4 Tucson Investigation, Paula and Richard Singervalt say they finally have their inheritance.

"Paula was all excited when she got the phone call just a few days after the story aired," said Richard Singervalt.

"She calls me up and says guess what? Wells Fargo is gonna transfer the money in three days."

The Singervalts say the battle over their $750,000 inheritance started shortly after Paula's mother died in December of 2016.

Paula Singervalt says Wells Fargo initially  told her it would take about a month to turn over her mother's accounts. Instead it took 7.

"it's always them (Wells Fargo Trust Department) that's the way they tell us is why things are being stalled. The trust department has issues....the trust department has questions....the trust department has new paperwork for you," said Richard Singervalt.

News 4 Tucson Investigator Nick VinZant spoke with Wells Fargo officials multiple times about the Singervalt's situation. 

Bank officials couldn't get into specific details because of privacy concerns, but in a statement Wells Fargo spokesperson Michael King says "when there is a lack of successor trustee on an account, as was the case in this situation, it can complicate and delay the settlement. We appreciate the patience of the family through this process and we're very pleased we were able to resolve the matter for them." ?

The Singervalts say they will put their inheritance into investments accounts for their daughter and granddaughter.

"We really want to thank the station. I just didn't think that should a little push would do so much to get a stone rolling down the hill," said Richard Singervalt.

Interactive Radar
Powered by Frankly

© KVOA.com 2018, KVOA.com
All rights reserved
Privacy Policy, | Terms of Service, and Ad Choices

Can't find something?