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I have four brothers and 3 sisters. I’m the youngest in the family. My mother and father passed away 10 years ago. My eldest sister has been living in our parents house
rent free for the past 10 years . My parents left a will that equally divided the house to each surviving child. My eldest sister is emotionally attached to the house and she does not want it sold. After years of drama my eldest sister has finally agreed to sell the house but not at market value. She wants to sell the house to her daughter at a huge discount so that the property stays in the family . She is forcing everyone to sell this property to her daughter. What would you do?
Where the hell is the estate executor? How has your sister gotten away with living there rent-free unless she herself is the executor? Whomever the executor is, (s)he needs to be removed and replaced with someone who understands the fiduciary duties of the position.
I would get together with the rest of the siblings to decide if it's worth trying to a) force her to pay back rent to the estate if the legal grounds for doing so haven't already lapsed, and b) force a sale at market value. If most of the rest of the siblings are willing to go along with it, find the best estate attorney in town and go for it. If your sister and/or niece have the means to buy it at market rate, then by all means give them right of first refusal. If not... well, too bad.
Where the hell is the estate executor? How has your sister gotten away with living there rent-free unless she herself is the executor? Whomever the executor is, (s)he needs to be removed and replaced with someone who understands the fiduciary duties of the position.
I would get together with the rest of the siblings to decide if it's worth trying to a) force her to pay back rent to the estate if the legal grounds for doing so haven't already lapsed, and b) force a sale at market value. If most of the rest of the siblings are willing to go along with it, find the best estate attorney in town and go for it. If your sister and/or niece have the means to buy it at market rate, then by all means give them right of first refusal. If not... well, too bad.
She herself is the executor. She is threatening to withhold legal documents to stop the sale of the house. It will be difficult to convince my brothers and sisters to hire an attorney but I will try.
She herself is the executor. She is threatening to withhold legal documents to stop the sale of the house. It will be difficult to convince my brothers and sisters to hire an attorney but I will try.
Ask them if they’d rather have $75k or $150k. Because that’s the cut your sister is trying to force. If you’re all on yhe deed she can’t do jack about the sale without your signatures. So don’t feel a time pressure.
And ask if they’re ok with their niece get $1.2M+ when she sells down the road. Because you know she will, and it’ll be some sob story but in reality, just a cash grab.
Ok will do thanks. The relationship we had will never be the same.
Just remember - you aren’t the one responsible for breaking the relationship. Your oldest sister is, because she’s not acting in a fair and responsible manner. You have a right to the house, that your parents wanted you all to have. Your sister is going against their desires.
Just remember - you aren’t the one responsible for breaking the relationship. Your oldest sister is, because she’s not acting in a fair and responsible manner. You have a right to the house, that your parents wanted you all to have. Your sister is going against their desires.
I agree with you. She does not see it that way. She thinks we are all being greedy. She is emotionally attached to the house and she will not let any realtor enter the house.
Ask them if they’d rather have $75k or $150k. Because that’s the cut your sister is trying to force. If you’re all on yhe deed she can’t do jack about the sale without your signatures. So don’t feel a time pressure.
And ask if they’re ok with their niece get $1.2M+ when she sells down the road. Because you know she will, and it’ll be some sob story but in reality, just a cash grab.
She would rather not sell the house and live there rent free. The rest of us want the house sold ASAP.
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