tailinred1
Member
FLORIDA
Hoping this will be an easy answer.
My Mother died mid December 2013. The Will leaves the two sons to split 50/50 but assets are not itemized on the Will leaving the two siblings to "duke it out" unfortunately, the Insurance policies that have been executed and the remains are some antique furniture's, some stem ware and china, an old 2001 Buick that has a blown motor, an air conditioning unit and fridge at a condo in foreclosure that the "gone wild" sibling squats in while he plans a trip out of the country.
One sibling has no children, other sibling has children and grandchildren and wants to preserve some heritage however, realizes 50% is the best that can be done unless I want to buy his share. But what share? there has been no monetary value assigned to the goods. Yet.
A portion of the small estate remains in the home my mother and I leased together while another portion remains in his (the siblings) possession and another portion in the possession of an honorable third party.
Recently, I offered my sibling to split the cost of a valuation of the items by a licensed liquidator / dealer / auctioneer for a total value item by item or grouping (china & stem ware) and then we divide based on values and he can remove his portion from her former residence where I and my children live. She technically, is still on the lease with me here.
My sibling refused and said he is selling his share to a hostile 3rd party for a minimal sum ($1,500.00) without having an inch of knowledge as to what the value is of the estate (belongings)
He is threatening police or some kind of civil action by this hostile 3rd party and is now an "Heir gone wild" to get to Colombia at all costs.
Can anyone shed any light on this and what can and should be done to settle this dispute? And, if the sibling signs over a power of attorney to the hostile 3rd party, what can he (hostile 3rd party) do to the estate? can they come to my home and remove anything?
Thank you!
Hoping this will be an easy answer.
My Mother died mid December 2013. The Will leaves the two sons to split 50/50 but assets are not itemized on the Will leaving the two siblings to "duke it out" unfortunately, the Insurance policies that have been executed and the remains are some antique furniture's, some stem ware and china, an old 2001 Buick that has a blown motor, an air conditioning unit and fridge at a condo in foreclosure that the "gone wild" sibling squats in while he plans a trip out of the country.
One sibling has no children, other sibling has children and grandchildren and wants to preserve some heritage however, realizes 50% is the best that can be done unless I want to buy his share. But what share? there has been no monetary value assigned to the goods. Yet.
A portion of the small estate remains in the home my mother and I leased together while another portion remains in his (the siblings) possession and another portion in the possession of an honorable third party.
Recently, I offered my sibling to split the cost of a valuation of the items by a licensed liquidator / dealer / auctioneer for a total value item by item or grouping (china & stem ware) and then we divide based on values and he can remove his portion from her former residence where I and my children live. She technically, is still on the lease with me here.
My sibling refused and said he is selling his share to a hostile 3rd party for a minimal sum ($1,500.00) without having an inch of knowledge as to what the value is of the estate (belongings)
He is threatening police or some kind of civil action by this hostile 3rd party and is now an "Heir gone wild" to get to Colombia at all costs.
Can anyone shed any light on this and what can and should be done to settle this dispute? And, if the sibling signs over a power of attorney to the hostile 3rd party, what can he (hostile 3rd party) do to the estate? can they come to my home and remove anything?
Thank you!
