R
Rogers Daughter
Guest
What is the name of your state? Minnesota
When my step-mother passed we discovered she had taken out a home equity loan for $20,000. We thought it was strange because she had easy cash available through other means. My father left her well off.
We discovered the money was used to pay off her son's debt to the county for 'theft by swindle"charges. Evidently he had been convicted for stealing lottery tickets from his former employer, (convenience store).
He was paying her back in monthly installments.
The estate paid off her loan before we knew what it was for.
My question: Shouldn't he reimburse the estate for this money?
He stole other assets from the house before the administrator took the keys away from him, but that's another story.
Any help you can give is most appreciated!
Thank you!!
When my step-mother passed we discovered she had taken out a home equity loan for $20,000. We thought it was strange because she had easy cash available through other means. My father left her well off.
We discovered the money was used to pay off her son's debt to the county for 'theft by swindle"charges. Evidently he had been convicted for stealing lottery tickets from his former employer, (convenience store).
He was paying her back in monthly installments.
The estate paid off her loan before we knew what it was for.
My question: Shouldn't he reimburse the estate for this money?
He stole other assets from the house before the administrator took the keys away from him, but that's another story.
Any help you can give is most appreciated!
Thank you!!