Beeton v. Beeton

In this appeal, we consider whether the chancellor erred in his determination of the ownership of certain intangible personal property.

Paul G. Beeton, Dennis J. Beeton, and Mary E. Watson are three of the four children of Margaret R. Beeton (Mrs. Beeton), who died in January 1998. In 1985, Mrs. Beeton had executed a will directing that her property be divided into three equal shares and distributed to Paul, Dennis, and Mary. In her will, Mrs. Beeton also expressly disinherited her fourth child and appointed Paul, Dennis, and Mary as co-executors of her estate.

The property at issue in this…