Reply to Estate Problems

Forum Index » Family Relationships

Reply to "Estate Problems"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]DH's parents died a few years ago. One of his siblings took up residence in the family home during the last years of their life and afterwords as a pseudo caregiver but also lived for free most of the time. After their death DH and the other kids let the sibling continue to live at the residence but they all remained equal owners on paper. The sibling just assumed the mortgage because they could afford it at the time. Fast forward and sibling can no longer afford it (neither can anyone else) and wants to sell and is trying to get the other beneficiaries to sign over the property and forfeit their share. Everyone has different priorities and financial situations. WWYD?[/quote]

How long did the sibling live there after the last surviving spouse died?  If the parents had wanted that sib to get the house it would have been specified in the will so follow that document and proceeds of house sale - divided by number of siblings.  Had no other rent or mtg so why compensate?  If the sib had not squatted then the place would have been sold.  If the sib made significant home improvements like redoing a bath give them reimbursement.

I have a creepy sib who stripped all items of value from my mother's property and failed to get appraisals or include the stuff as probate assets.   What would you all do about that?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics