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re: Spouses involved in succession
Posted on 9/6/17 at 2:12 pm to Martini
Posted on 9/6/17 at 2:12 pm to Martini
This is why even if you get along great with your siblings, you tell your parents to split their crap up in the will or make it clear what happens. I've never understood leaving something like a house to multiple people. How are people that dumb? Ask everyone before you die if someone wants the house, and figure out financially if that is feasible. It doesn't have to be a perfect damn % split. If a sibling is gonna be butt hurt over $5,000 less or $50,000 less on a million or something they will find a reason to be butt hurt over anything. Just split it up before you die, and tell the heirs in your will to be damn happy with whatever you got.
My mom is the executor of her sister's estate that is paying for my aunt's kids 'higher education'. We are talking crap like beauty school, some juco, mechanics school, etc for like 6 kids. What a mess. Good on my mom, but goodness I don't know why she volunteered for that headache.
My mom is the executor of her sister's estate that is paying for my aunt's kids 'higher education'. We are talking crap like beauty school, some juco, mechanics school, etc for like 6 kids. What a mess. Good on my mom, but goodness I don't know why she volunteered for that headache.
This post was edited on 9/6/17 at 2:15 pm
Posted on 9/6/17 at 7:57 pm to baldona
quote:
My mom is the executor of her sister's estate that is paying for my aunt's kids 'higher education'. We are talking crap like beauty school, some juco, mechanics school, etc for like 6 kids. What a mess. Good on my mom, but goodness I don't know why she volunteered for that headache.
Your mother is entitled to draw a fee for administering the estate. If she is (or the estate is) in Louisiana and a reasonable fee was not agreed upon between your mother and her sister she is able to receive 2.5% of the total value of the estate for her service.
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