This topic contains 18 replies, has 4 voices, and was last updated by Kali 3 months, 4 weeks ago.
January 19, 2018 at 11:13 am #736280
This is a story you absolutely cannot make up.
Grandson moves in with his Grandfather as per the Grandfathers request, both the Grandsons aunt and mother were in agreement of this. 2 years later Grandfather has a cardiac arrest at his Grandsons wedding and passes away a couple weeks later.
Aunt and Sister have equal rights to the estate and the will stipulates that all accounts and estate will be shared between them 50/50. They have a conversation about the sale of their Fathers house, Aunt does not want to buy the house, and her sister does want to buy the house. They agreed it needs to be appraised to determine fair market value. Meanwhile, Aunt wants to restore house so it gets appraised for more money, therefore, her sister will pay a higher price?
Aunt then sues her sister (Grandsons mother) for $30,000 in rent money from her Nephew. The Aunt claimed that she never consented to her Nephew moving in with her father. This was a lie and was later proven.
Meanwhile, the house is appraised for $140,000 and her sister offers 50% of the appraised value to buy out the Aunts share in the house. This is rejected, the aunt wants $90,000 for her half of the estate.
When the request for rent money is denied by a judge, the aunt changes her mind and decides that she actually now wants to buy the house.
Her offer is $60,000 (not 50% of appraised value) and also she wants over $4000 in credits for a new carpet, trash removal and she also wants her sister to give up her ownership rights to her Fathers Canadian bank accounts, an account that the aunt has kept the information of from her sister.
This offer is rejected by her sister but she is willing to sell the aunt her share of the estate for 50% of the appraised value. This is to be continued.
What would you do if you were the sister in this story? Because of the aunt’s incredible greed, the sister has had to pay a fortune in legal bills.January 19, 2018 at 11:25 am #736281
I actually cant believe that Im reading. If I was the sister I would obviously feel very portrayed.
If I could, I would try and get my lawyer fee’s back.January 19, 2018 at 11:34 am #736282
Um ok “Jenny,” why are you responding to your own post?January 19, 2018 at 12:19 pm #736290
If neither of them can agree then they sell it for the appraised value with no renovations being done unless agreed to by both parties. Sadly, you sister cant sue or request her legal fees be paid by Aunt… because Aunt sounds like a huge twat.January 19, 2018 at 12:56 pm #736303
I don’t really find this so farfetched. Grief makes people do crazy things. My husband’s family had a decade long feud over inheritance after the death of his grandmother.
I think the sister should take the aunt’s offer. If I understand correctly, the aunt wants to give her sister $56k, take posession of the house, and keep some extra money from some secret bank account.
This sounds like a good deal to me. The sister gets cash, an end to the legal battle, and doesn’t have to deal with improving or selling the grandfathers house. Let the aunt take over control of the house and deal with the fallout from that.January 19, 2018 at 1:04 pm #736305
Also keep in mind, appraisal value is pretty unrelated to actual market price of a house. Just because it was appraised at 140k doesn’t mean it’ll sell for that. It could sell for much less (but not much more, because banks won’t write loans for houses that are appraised at much less than the loan amount).
Aunt wants to take on a renovation project and the work of selling the house? Let her.January 19, 2018 at 1:28 pm #736307
Why should she surrender interest in the bank account before even receiving information about that account? that makes no sense to me.January 19, 2018 at 2:20 pm #736311
I mean she *shouldn’t* do that if she doesn’t want to. If getting her hands on half of their dad’s money is important to her then she should hold out for that.
But the question was what would I do. I would care more about the money I was already losing and the aggravation of it all than getting my cut of the mysterious Canadian account. But that’s me.January 19, 2018 at 2:30 pm #736312
No advise to the LW but, can one just decline or refuse an inheritance? I’m seriously curious what the legalities are, if there are any, to accepting or declining.January 19, 2018 at 2:41 pm #736313
I mean, if the will says they both get 50/50, then why hasn’t the court ordered that they split the account and just sell the house (since they can’t agree on what to do with it) and split whatever it brings in? If they don’t want to do that, then go to a mediation and let a neutral third party help them sort it out. (And no, you likely can’t get Attorney’s fees paid.)January 19, 2018 at 2:42 pm #736314
This would have been easier to read in the first person.
Your sister is a jerk. Find out the amount in the Canadian account before accepting or rejecting any offers. But maybe just take the deal because your sister sounds like a piece of work.
Although the 3rd person account and replying to yourself makes me think you might be looney toons yourself and there is more to the story.January 19, 2018 at 3:10 pm #736316
I’m sorry but it’s in 3rd person because it’s not me it’s happening to. It’s my mother in law. Also, the replying to myself part was stupid. I haven’t posted on here before and saw that it said “comments disabled” so I wasn’t sure if people could comment or not, so I wrote a comment to see. My bad!
The ideal outcome is the house goes for general sale but if they can’t decide on anything it will have to go to trial.