Deemer Posted June 17, 2018 Report Share Posted June 17, 2018 i’ve dealt with this stuff a couple times... dad has to ask the siblings if they paid it back, if it’s clear they didn’t then it gets taken out of their shareDepends on state Quote Link to comment Share on other sites More sharing options...
IAG Posted June 17, 2018 Report Share Posted June 17, 2018 One thing to remember in this situation is that the two brothers will not get 50K less than their split, they will each get approx 16.7K less, since 1/3 of the money they each owe is theirs anyway. So for example if the estate was 600k with no debt each sibling would get 200K - but because of the debt you consider the estate at 700K and divide by 3 = 233.3 k each, but they each got 50K already so they should get 183.3K while your dad gets the full 233.3K. Point still holds true, but I think there are four kids. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted June 17, 2018 Report Share Posted June 17, 2018 Depends on stateMerlin is an expert pal. Guy can google anything and pretend he knows it all. Quote Link to comment Share on other sites More sharing options...
mikeman Posted June 17, 2018 Report Share Posted June 17, 2018 Merlin is an expert pal. Guy can google anything and pretend he knows it all.I'm an older, well educated guy, with a lifetime of experience, i dont lie and I rarely exaggerate, even here, I would fire back but a thread like this is really not the place, take care joey. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted June 17, 2018 Report Share Posted June 17, 2018 I'm an older, well educated guy, with a lifetime of experience, i dont lie and I rarely exaggerate, even here, I would fire back but a thread like this is really not the place, take care joey.Funny, very funny. Sorry to hear about your grandfather, Erb Quote Link to comment Share on other sites More sharing options...
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