My POS sister

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Ddaddy said:
The fight is over the gross mismanagement of the estate and not the details of what has been done. A good lawyer will know where to sink their teeth and get the most out of the bite they take.
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You are right I think maybe in my mind I was pointing out details that show that
 

Well this is FINALLY on the "brink" of closing. It basically sold for LESS than the assessed property value as if the house was completely worthless My Gramps and Gramma and my parents are likely sobbing in their graves over a life's work thrown away like this. By that I mean the lack of care and maintenance, and actual damage done by renters and the break in, which by the way have not been arrested.
 
67Dart273 said:
Well this is FINALLY on the "brink" of closing. It basically sold for LESS than the assessed property value as if the house was completely worthless My Gramps and Gramma and my parents are likely sobbing in their graves over a life's work thrown away like this. By that I mean the lack of care and maintenance, and actual damage done by renters and the break in, which by the way have not been arrested.
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Well Del, "I guess" the silver lining is, all this will be over and done soon. Awful sorry you're having to deal with all this. Gotta be the last thing you need. Kitty and I offer our prayers.
 
You have to put it all behind you especially if you can't do anything about it. When my Dad passed (after my Mom) my sister was the Executrix of the will. She everything wrong including taking all my Dad's money out of his bank account. He had put her on the account to pay his bills. My Dad had done well for himself (worked for 70 years). Then there was my Dad's rental house that he had bought for my Brother. The estate still owned the rental and there was still a 75K loan outstanding. My sister used the estate money (siblig's money) to make the payments then she let her daughter live there for over a year for FREE!! Now I like my neice but it wasn't her fault that my sister screwed us over. Either way my sister mismanaged the rental house and "blew" many thousands of dollars (estate funds) on that house. Luckily My Dad had life insurance and some retirement money that my sister couldn't control so we all ended up getting some money (30K each). But Carma is a *****......my sister's husband used the money that she got to buy a new Corvette and a bunch of guns then he divorced my sister and left her with no money at all. I put it all in the rear view mirror, I'm still friends with my sister but my other sister is still pretty pissed off. treblig
 
My "financial guys" are overseeing the final deal. These are the folks that for decades were Mom and Dad's trusted investment/ financial folks when Dad was in buisiness, and after. I had some investment with them that is mostly gone after the big crash.......and I had expenses.

They and I agree that "only if it's well worthwhile" will we go after her for diminished value. I figure she has cost me at least 100K. It is sketchy if even that amount would be worth a battle unless it is "crystal clear" who did what

So yeh..........I'm smart enough to figure that out

The plan is to hold out some of it for "improvements............."

1.....Get a newer mid size truck to be the "main vehicle."
2....Fix up or replace the White Whale for heavy hauling / towing
3....Some money for the Dart
4....Some for repairing/ etc around the house. I ain't ever gonna be able to move out of town
4....I am now looking at knee surgery, there will have to be something there
5....Teeth and hearing aids
6...Invest the rest in "safe" (as you can get) and work out a plan for income + present SS

.................and then there's the devious plan. The neighbors to the north are good people. The ones to the south are POS. They have an old junk house with a nice big lot. "Wouldn't it be fun" to get a straw man to talk them into selling........do a minimal clean up and rent out the house, the BUILD A SHOP in the back yard!!!
 
I also talked to a Lawyer after we couldn't get any info out of my sister. Basically, it wasn't worth it to pay for his services for what we (all the siblings) might get in the end. But I did do some things...like, I talked my sister into letting my Nephew move into the rental house then later on I talked her into selling the rental to my Nephew and his Family. That got the rental off the books (Estate) so she was no longer able to blow any more of the estate money on it!! In Texas, the Executor of the will MUST appear in court after 7 years and explain (document) where all the estate money went. Since she was never able to account for anything and hated having to keep paperwork on all the finances involved with an estate....I volunteered to create and update an Excel speadsheet to track all the money, that way she wouldn't look like a fool when she faced the Judge. In fear of not having any documentation she agreed and started sending me info on how much there was in the estate account, how much was owed on the rental house and how much she sold my Dad's house for (and the contract on the house payments). This gave me the ability to see what was going on and also gave me a way to keep her in "check".
In the end it worked out well, all the siblings got much more money and things improved a bit.....not perfect, but much better than before. Treblig
 
It turns out I kinda "screwed myself" in this deal as well. There is a phrase in the living trust something to the effect of "making disbursments" when I was 50 to some percentage, and then again when I was 60---TEN YEARS ago. I thought this meant cash/ investments, but when I finally mentioned that to the financial guys, they actually looked at it and said "That means all of it, property, everything." Her lawyer said "no" before he even read the trust!!!! -----and then caved in the end. So basically, I've wasted 10 years not knowing I was basically 1/2 owner, and the trust should have been "dead." In effect, THIS HAPPENED a year after Mom died, so the property should have been disbursed immediately
 
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