Sibling won’t cough up money for estate

[Anonymous]

Anonymous wrote:OP again. The house is in terrible condition, we’re simply putting lip stick on a pig and every sibling understood this. I’ve already signed a real estate contract including the work to be completed, no going back and of course the other sibling don’t have extra money sitting around.

If this house sits for a year I’ll need thousands of dollars more for routine bills including property taxes. Once again, this sibling fully understood what he agreed on. Don’t turn my question into a typical DC Urban thread and blame me, I’ve literally done everything since the death and I’m only asking for honesty.

I'm not sure why you're getting defensive, I haven't seen one person place the blame on you.

You wrote in your OP that "And no, there’s no financial issues due to the virus situation" but per your update that they "don't have extra money sitting around" it sounds like they are having a money issues, which can be embarrassing, especially if you send your other siblings ar financially stable.

A few posters have suggested allowing another sibling reach out to your brother and you haven't answered... have any of your other siblings reached out?

[Anonymous]

* and not send

[Anonymous]

If the house is in terrible condition, is it going to be a tear down? Don’t sink money into something that could be disposable. What does a real estate person suggest?

I like the idea of getting a selling price as is which would be the base rate divisible by everyone. If anyone contributes to repairs, they alone split anything added to that base rate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The rest of the siblings should make up the 5k gap. The sibling that didn’t contribute should have 5k deducted from their share of the estate.

This is what I would do- just discuss it with the others/get consensus, put it in writing and get the work done.

Talk to the attorney.

I would make sure you email everyone the new plan.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OP again. The house is in terrible condition, we’re simply putting lip stick on a pig and every sibling understood this. I’ve already signed a real estate contract including the work to be completed, no going back and of course the other sibling don’t have extra money sitting around.

If this house sits for a year I’ll need thousands of dollars more for routine bills including property taxes. Once again, this sibling fully understood what he agreed on. Don’t turn my question into a typical DC Urban thread and blame me, I’ve literally done everything since the death and I’m only asking for honesty.

I'm not sure why you're getting defensive, I haven't seen one person place the blame on you.

You wrote in your OP that "And no, there’s no financial issues due to the virus situation" but per your update that they "don't have extra money sitting around" it sounds like they are having a money issues, which can be embarrassing, especially if you send your other siblings ar financially stable.

A few posters have suggested allowing another sibling reach out to your brother and you haven't answered... have any of your other siblings reached out?

She said the other sibling doesn’t have extra money. It sounds like the flaky brother is financially sound (or acting like it), the helpful sibling has tight finances but contributed, and OP is just tired of it all and knows she’ll be the one stuck footing the bill (even if it’s temporary until the house sells). It didn’t read like she’s changing the story to me.

No advice OP, other than to try a more direct approach or have your sibling try. Something is going on with him, and it might be hard for him to admit it. There’s a lot going on right now, and a lot of people who already have anxiety are struggling. It could be he’s dealing with that and it’s impacting how he handles communicating and dealing with tasks that take extra effort. Or he might just be a jerk. Either way, sorry you’re going through this.

[Anonymous]

Anonymous wrote:OP again. The house is in terrible condition, we’re simply putting lip stick on a pig and every sibling understood this. I’ve already signed a real estate contract including the work to be completed, no going back and of course the other sibling don’t have extra money sitting around.

If this house sits for a year I’ll need thousands of dollars more for routine bills including property taxes. Once again, this sibling fully understood what he agreed on. Don’t turn my question into a typical DC Urban thread and blame me, I’ve literally done everything since the death and I’m only asking for honesty.

You made the decision to do renovations at your cost except you don't want to pay for it. Siblings probably felt they had no choice but to agree. You signed the deal, you want it so you pay for it.

We bought an estate sale. It was in rough cosmetic shape. I preferred they didn't fix it up and we've slowly fixed it up over the years. You are wasting your money as someone is going to come in and redo things. Our neighbor put in carpeting and painted before her sale and the new owners couldn't have carpeting and repainted most of it. Huge waste of money. For $15-20K you are only getting new paint, carpeting and other basics and really, its not worth your expense and hassle. Price it right and it will sell to someone like us or a flipper.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP again. The house is in terrible condition, we’re simply putting lip stick on a pig and every sibling understood this. I’ve already signed a real estate contract including the work to be completed, no going back and of course the other sibling don’t have extra money sitting around.

If this house sits for a year I’ll need thousands of dollars more for routine bills including property taxes. Once again, this sibling fully understood what he agreed on. Don’t turn my question into a typical DC Urban thread and blame me, I’ve literally done everything since the death and I’m only asking for honesty.

I'm not sure why you're getting defensive, I haven't seen one person place the blame on you.

You wrote in your OP that "And no, there’s no financial issues due to the virus situation" but per your update that they "don't have extra money sitting around" it sounds like they are having a money issues, which can be embarrassing, especially if you send your other siblings ar financially stable.

A few posters have suggested allowing another sibling reach out to your brother and you haven't answered... have any of your other siblings reached out?

She said the other sibling doesn’t have extra money. It sounds like the flaky brother is financially sound (or acting like it), the helpful sibling has tight finances but contributed, and OP is just tired of it all and knows she’ll be the one stuck footing the bill (even if it’s temporary until the house sells). It didn’t read like she’s changing the story to me.

No advice OP, other than to try a more direct approach or have your sibling try. Something is going on with him, and it might be hard for him to admit it. There’s a lot going on right now, and a lot of people who already have anxiety are struggling. It could be he’s dealing with that and it’s impacting how he handles communicating and dealing with tasks that take extra effort. Or he might just be a jerk. Either way, sorry you’re going through this.

She choose to do the repairs, she is the executor. She should pay. This is completely unnecessary. Sell it as is. Let the buyer do an inspection for information only purposes (what we did) and if its too much for them, they can walk. For $5K, for $15-20K it is just a bandaid if its that bad and let someone come in and do it right. Many people don't have that kind of money sitting around.

[Anonymous]

Usually repairs etc are paid for out of the estate. Is there no money?

[Anonymous]

Anonymous wrote:Usually repairs etc are paid for out of the estate. Is there no money?

The OP said that the house is in terrible condition (any renovations would be lipstick on a pig).

Based on that, it sounds like there wasn't much to the estate BUT the house.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP again. The house is in terrible condition, we’re simply putting lip stick on a pig and every sibling understood this. I’ve already signed a real estate contract including the work to be completed, no going back and of course the other sibling don’t have extra money sitting around.

If this house sits for a year I’ll need thousands of dollars more for routine bills including property taxes. Once again, this sibling fully understood what he agreed on. Don’t turn my question into a typical DC Urban thread and blame me, I’ve literally done everything since the death and I’m only asking for honesty.

I'm not sure why you're getting defensive, I haven't seen one person place the blame on you.

You wrote in your OP that "And no, there’s no financial issues due to the virus situation" but per your update that they "don't have extra money sitting around" it sounds like they are having a money issues, which can be embarrassing, especially if you send your other siblings ar financially stable.

A few posters have suggested allowing another sibling reach out to your brother and you haven't answered... have any of your other siblings reached out?

She said the other sibling doesn’t have extra money. It sounds like the flaky brother is financially sound (or acting like it), the helpful sibling has tight finances but contributed, and OP is just tired of it all and knows she’ll be the one stuck footing the bill (even if it’s temporary until the house sells). It didn’t read like she’s changing the story to me.

No advice OP, other than to try a more direct approach or have your sibling try. Something is going on with him, and it might be hard for him to admit it. There’s a lot going on right now, and a lot of people who already have anxiety are struggling. It could be he’s dealing with that and it’s impacting how he handles communicating and dealing with tasks that take extra effort. Or he might just be a jerk. Either way, sorry you’re going through this.

I definitely wasn't accusing the OP of changing his/her story, rather I was looking for clarification.

I was confused by the sentence "and of course the other sibling don’t have extra money sitting around".

From this sentence, I thought the OP was talking about the brother that he/she is complaining about, but I think the confusion lies from the OP leaving off the "s" in siblings (which changes the entire sentence).

That's why at least I was confused by the contradictory statements, but if you're right, the misspell clears it up.

[Anonymous]

Anonymous wrote:Perhaps some estate lawyers will chime in here, but I would not put MY money into an estate house sale. You will pay an estate tax on the proceeds of the house. So basically, the $$ you put into the house will generate a higher value =higher estate tax. Is there any money in the estate? Do you sell off all belongings?

This. I'd run this by an estate lawyer. Our estate lawyer always has us selling as is. Depending on where you are doing improvements may just make more money for the
Fed and State and local govt and also your realtor.

[Anonymous]

Deduct the other $5000 from sibling not paying when house is sold.

Modify real estate contract to do $5000 less.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Usually repairs etc are paid for out of the estate. Is there no money?

The OP said that the house is in terrible condition (any renovations would be lipstick on a pig).

Based on that, it sounds like there wasn't much to the estate BUT the house.

Our house was in terrible condition. It was mainly cometic, a huge amount of cosmetic work but that's the kind of house we were looking for. We didn't want someone to waste their money when we wanted to do it our way/our choices. For $15-20K, they aren't going to get much as most of the cost will be labor. She should have taken a loan against the house or even better not done it. She choose to do it and expected others to pay. I could see my sibling doing that as the executor but not a chance I'm paying.

[Anonymous]

Sell at auction and be done with it. It sounds like a money pit in rough condition anyways.

[Anonymous]

Anonymous wrote:Deduct the other $5000 from sibling not paying when house is sold.

Modify real estate contract to do $5000 less.

Sell the house as is estate sale, inspection for informational purposes only and be done with it.