Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Family Relationships
Reply to "Sibling won’t cough up money for estate"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just pay it yourself and have the estate pay you back. Why aren’t you just using estate funds to do the repairs?[/quote] My mother left each sibling $20,000 in cash plus the house to be sold. After giving each sibling their $20,000. it was understood that we’d each have to contribute $5,000. to fix the home prior to selling it. Somehow I’m guessing this sibling used up his $20,000. and doesn’t have any to give. The worse part for me is him refusing to even answer my calls or emails. Now I can see why so many families fight and never speak to each other again. And you know what I did today? I spent it clearing out this home without help from this brother even though he fully knew we’d be working on the house. [/quote] That money was his to spend. It was not for you to spend. You use estate money, take a loan or pay yourself. You are the executor. Your job not his. [/quote] Money from an estate shouldn’t be distributed until it’s closed so that you can cover expenses from the estate. At this point deduct his portion from the sale but don’t hand out any cash until everything, including taxes, is closed. You are also alllwed a few as the executor. So if you’re feeling bitter about doing more work, take your fee. Although know it may cause waves. [/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