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Author: inparadise Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121146  
Subject: Re: inheritance of house - sale Date: 1/18/2013 7:08 PM
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The limited amount of money we might see from the house is not worth wrangling over the property with Sis. It was like pulling teeth to get her to get liability insurance on the property, which was not worth wrangling over for us after all. Allstate tells me our umbrella policy would cover us, though my other siblings were not. The property is quite rural, quite small, but in decent shape. The area is very depressed. I am not even tempted by it.

I just don't need her actions to place us in a tax position that will impact us negatively. I also need to get her off of our will if something happens to us before the boys are old enough to handle their own funds. Guess I'll have to hire a lawyer to deal with the estate and their funds.

IP
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