The Dummies Guide To Executing An Estate
I read the manual the Notary Public gave me. I took into consideration all of the things it told me to do when executing an estate. And yet ... I decided to do it my way. I have learned from my mistake, perhaps you can too.
If you are executing an estate, even a simple one that has the estate split between say ... a brother and a sister ... make sure ALL the debts are paid before you start doling out the money. Even if say ... the brother ... wants his share NOW. Do not succumb to pressure. Do not assume that love is thicker than a $100 bill. Do not assume that everyone lives by the credo "Do unto others ..."
Because if you do this, then you won't have the unfortunate experience of walking into a bank to close out the account that holds your share of the inheritance only to find out that that money has been applied against your Mother's outstanding VISA balance. The same VISA that was used to withdraw multiple cash advances while your Mom was lying in her hospital bed.
And then you won't wind up with a negative inheritance and your brother a very healthy positive inheritance.
If you are executing an estate, even a simple one that has the estate split between say ... a brother and a sister ... make sure ALL the debts are paid before you start doling out the money. Even if say ... the brother ... wants his share NOW. Do not succumb to pressure. Do not assume that love is thicker than a $100 bill. Do not assume that everyone lives by the credo "Do unto others ..."
Because if you do this, then you won't have the unfortunate experience of walking into a bank to close out the account that holds your share of the inheritance only to find out that that money has been applied against your Mother's outstanding VISA balance. The same VISA that was used to withdraw multiple cash advances while your Mom was lying in her hospital bed.
And then you won't wind up with a negative inheritance and your brother a very healthy positive inheritance.
posted by April @ 5:44 PM
9 Comments:
At 6:38 PM,
Sheepish Annie said…
To have to be practical and logical in a time of loss is another unfair aspect of losing a loved one. You did what you thought was right and fair. It seems so wrong that you ended up in this position for having done so. You were the "better person" in this scenario.
At 7:10 PM,
sheep#100 said…
April, that really sucks and nothing I can type can make it suck less.
We can, however, as a knit blogging community hope that your brother develops a minor allergy to cats - just enough that Trouble makes his nose itch but not enough that he'll have to get rid of the kitty.
And Number Guy says may he develop a raging boil on his butt that refuses to heal for about three to four months - or maybe even longer.
And may the purple walls resist every attempt to paint over them in another color.
And may he find someone just like himself with whom to spend the rest of his days.
At 9:36 PM,
Pearls Mother said…
yep, he is one shitty brother.
you can walk away with dignity.
have you contacted your employer,
they will want you back!
have a safe trip
and
a happy return to California
and
your babies and friends who all love you.
Lindy
At 10:28 PM,
Anonymous said…
Oh man! These things always end up ugly in my experience. So sorry for all the aggravation.
At 10:30 PM,
Valerie Polichar said…
ooh! I second Trek & Number Guy's powerful curse.
At 4:11 AM,
Anonymous said…
ARE.YOU.SERIOUS? For some reason,t he word SNAKE comes to mind. And he's probably the type that won't "do the right thing", either.
My sister and I are executors for my mom, and our older brother isn't happy about that. (Of course, he and his wife, 4 children and three grandchildren still live at home with my mom!)
I WILL remember your unfortunate situation.
At 6:25 AM,
Anonymous said…
Sounds like your brother and mine (other two already sadly deceased) are cut from the same cloth. I feel for you April and I hope you can put this all behind you soon, especially your sibling who is of no help to anyone.
Huggs, G
At 10:36 AM,
Anonymous said…
And in some way I bet he thinks he is doing the favor of taking care of the house and cat. Sorry that went the way it did.
At 6:21 PM,
Anonymous said…
all of you can sit there and trash on her brother but what if she is the one that skipped town and screwed people over in the meen time u dont think about that do you there were other circumstances none of u will ever know about
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