Reply to Sibling won’t cough up money for estate

Forum Index » Family Relationships

Reply to "Sibling won’t cough up money for estate"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op are you working with a lawyer? I was the executor of my dad's estate and we had to legally wait until everything was finalized before equally distributing the money. Money that was used to cover his cremation and other costs were reimbursed to the person who fronted the money when the estate was finalized. I was also payed a small executors fee which I felt covered the time I had to put in. How did you already distribute some of the money?[/quote]

This. This. This.  YOu don't distribute any surplus until expenses are paid.[/quote]
It could be that the money that was distributed was not actually part of the estate. It could have been an account with beneficiaries named, for example.  Other than that, I would caution OP to leave her sibling alone, for whatever reason, he's changed his mind. The others should make up the difference if they think it's important enough but I caution OP to make sure that the funds given by OP and the other siblings are papered as loans to the estate to be repaid from the proceeds from selling the house. Otherwise, the absent sibling is entitled to an equal share of the proceeds if they are all equal heirs, even if the absent sibling didn't contribute. As well, it's not legal to decide to distribute the proceeds unequally (as was suggested by a pp) in order to benefit the siblings who kicked in and punish the one who didn't. [/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