Quote:
| Originally Posted by JudyKayTee
How and when the bills are paid is not a decision of the beneficiaries - it is the decision of the Executor based on those bills, the assets, proper and appropriate timing.
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If the property taxes/income taxes have not been paid even though there are surplus of money in the account then would the executor/attorney being handling the estate properly?
Quote:
| Originally Posted by JudyKayTee
I don't understand the co-mingled funds question - how do you comingle estate funds?
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Seperate bills were paid with one check and the amounts of are not disclosed for each seperate item.
Two big ticket items were sold and only one amount is reflected in the accounting. A person is unable to determine how much each item sold for. The value of the two items combined should have been over $50,000 but the accounting only shows that the two items sold for $18,000 combined????
Quote:
| Originally Posted by JudyKayTee
Anyway - before this turns into a blog I think you (as beneficiary) need to retain an Attorney and let him/her go from there. I think that was my very first advice to you and it's my current advice to you.
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Thanks - just looking to understand the process.
Quote:
| Originally Posted by JudyKayTee
And if you are wrong be prepared for the Estate's Attorney's fees to cut into your 1/3 because explaining to you and/or your Attorney takes time, time is money, the Attorney is entitled to be paid. For that matter if you are right, the Attorney's fees come out of the estate. |
The attorney has already taken his cut even though all monies that should be paid into the estate have not been accounted for. The estate still is paid a monthy income for sold property.
Sounds like the money will come out of the beneficuaries 1/3 cut either way.
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