Estate Expenses
Today we put in a new thermostat at F-I-L's house at a cost of $217.00.
We then went and bought new carpet for his house at 969.28, to be installed tomorrow.
Last week we paid the painter 3245.00 for painting the inside and outside of the house.
Next week the roofer is to come and make a roof repair for about $200.00.
Tomorrow a realtor is coming by to see about getting the house listed for sale.
This has been a long long ride getting to this point! My dear father in law passed away in November of last year and we are just this past month getting thru dispursing everything he and my mother-in-law had accumulated in a life time. He was a big time packrat and the little house was stuffed!!
We are beginning to see the light at the end of the tunnel. I will be glad when the house is sold as The Hubster and I have born the entire expense of keeping the house utilities paid, the lawyer paid, the funeral bill paid, and now all the repairs, plus other expenses I'm forgetting to mention to the tune of about 15,000.00 we've had to come up with. I am ready for our money to be back in our accounts.
If you are in a position to have siblings alive when your parent pass, and you aren't the Executor, then please, do everyone a favor and at least make an offer to help with the expenses. Not a single one of the other four children has ever even made an offer to help cover the costs!
As their S-I-L who loves them all dearly I still say Shamey-shamey on them. That was just not right.
Sorry folks - but a girl has to vent somewhere! Thanks for listening.
Estate Expenses
September 6th, 2006 at 01:38 am
September 6th, 2006 at 01:47 am 1157507232
September 6th, 2006 at 02:09 am 1157508567
September 6th, 2006 at 02:24 am 1157509448
My vote (which doesn't count) was to hire either an estate liquidator or to have a weekend auction and be done with it. None of them wanted to do that because someone might have made a dime of what they were going to get, ie: greed. None of them were willing to put any effort into pricing things to sell at an estate sale themselves.
My thoughts were they could have had a 'early auction' for the siblings to bid on the (emotionally attached) items they wanted and then let the chips fall where they may on bidding for the smaller items. No go.
Soooooo, they 'bid' against their portion of the estate to buy the big pieces of furniture that they wanted. IOW, they didn't have to come up with any cash, but will take their reduced portion at final sale of house.
For all (and there was a guargantuan amount of this ALL) the other small stuff they drew numbers and took turns picking. They have worked half days on Saturdays 'picking' since the beginning of January. This has totally made me want to pull every hair out of my head!!
These folks are SLOOOOOOWWWW, and a few of them want to reminence (sp?) over EACH AND EVERY ITEM!!
AAAAAAAUUUGGGGGGGGGHHHHH!!!
These are folks that pick a time to show up and then stand around smoking and yacking for 1 1/2 hours before they would begin. Made me nuts!
Anyway...if your loved one...
1)had cash on hand and/or
2)you sold stuff quickly then yes, what you're talking about would work.
However, in our case, not sure about your locale, but the funeral director wanted to be paid rather on the quick side! As did the preacher for the funeral, as did the hall for holding the dinner afterwards because none of them wanted to be inconvienced to drive back across town to eat, as did the florist, etc., etc., etc. Immediately you are going to need access to about 8-10 thousand! Okay? Get ready. That money has to come from somewhere if your person doesn't have it stashed back.
September 6th, 2006 at 03:46 am 1157514373
Luckily my dad had enough in his accounts to cover the funeral and sister's name was also on the checking account. We were lucky that most of his estate was in farmland...some nostalgia, but very hard to steal, parcel out, fight over, and the final executor (it was a 40 year old will and all the other executors were dead, as were most of the recipients - it was just sister and I who inherited) was the bank. We did the auction. The problem we had was that a barn and farmhouse is not very secure - so plenty of stuff walked off.