 OT:Inheritance, freind getting shafted by bro/sis., how to ensure it's fair split?? |
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| Borderline |
 Feb 3 2006, 11:06 PM
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#21
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Senior Member  Group: Members Posts: 720 Joined: 8-February 05 From: San Juan Bautista, CA Member No.: 3,577 Region Association: Northern California  |
Are you sure that there is no living trust? If the brother is the executor, it sounds like a living trust. If they go through probate the lawyers will get everything anyway!!! My mother-in-law passed away a little over a year ago and my wife was the executor for the living trust. She split everything evenly with her siblings. Everything went smoothly....no lawyers. I would think that the case of a living trust gives the executor the most opportunity to screw the others as there are no lawyers and no judge. I think you need more info. Good luck to your friend.
Bill |
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| Mueller |
Feb 8 2006, 03:18 PM
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#22
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914 Freak! Group: Members Posts: 17,150 Joined: 4-January 03 From: Antioch, CA Member No.: 87 Region Association: None 
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update...yes, there is a living trust...the "friend" is my father-in-law, just didn't want the wife seeing this thread 1st without me telling her (IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif) good news, things are going a little more smoothly than we thought it would, the lawyer is doing his job to ensure things will be split as evenly as possible.....some of the other family members might be getting into a little hot water, rumors of them raiding bank accounts before the reading of the will/trust and them not knowing beforehand that the lawyer will be on the lookout for cr@p like that..... Instead of selling thier property, they'll split it evenly, nice thing about that is that my father-in-law should be getting a really cool old Victorian house in the Oakland hills with a view of the Bay Area.....needs a bunch of work to remodel it (not in liveable condition right now), but I'm looking forward to it, I enjoyed working on our Victorian style house we had a few years ago (IMG:http://www.914world.com/bbs2/html/emoticons/smash.gif) |
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| rhodyguy |
Feb 8 2006, 03:21 PM
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#23
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Chimp Sanctuary NW. Check it out. Group: Members Posts: 22,188 Joined: 2-March 03 From: Orion's Bell. The BELL! Member No.: 378 Region Association: Galt's Gulch |
ah, the old "satisfaction of heir" syndrome. let the sweating begin.
k |
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| Mark Henry |
Feb 8 2006, 04:12 PM
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#24
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that's what I do! Group: Members Posts: 20,065 Joined: 27-December 02 From: Port Hope, Ontario Member No.: 26 Region Association: Canada |
More like deep shit (IMG:http://www.914world.com/bbs2/html/emoticons/smile.gif) |
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| Scott S |
Feb 8 2006, 04:39 PM
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#25
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Small Member Group: Members Posts: 1,698 Joined: 30-April 03 From: Colorado Member No.: 633 |
I had a discussion about this type of thing last night. I grew up with Skip Dorsey - grandson of Tommy Dorsey. His father (Tom Dorsey Jr) was the famous band leaders first born. However, Tommy Dorsey remaried twice and was not the best about keeping in touch with those that didn't currently live with him. When he died, his current wife got everthing. She and her two kids blew it all - even sold off his trombones and all of the memorabilia that they had (remember, Sinatra and Buddy Rich got their starts with Tommy Dorsey). This stuff would be worth a fortune today.
Skips dad recently bought a Buddy Rich calf skin drum head with the "TD" logo from a collector. This drum head used to hang above his fathers desk when he was a little kid. Kinda crazy. |
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