My question involves estate proceedings in the state of: WV
Sister is administrator. Her and brother want to fix up family home before selling. They are taking out personal loans for the repairs, and will repay those back with money from sell of home. I however cannot take out a personal loan due to my poor financial situation. They are saying they should then get a bigger portion of the money received from the sale, since I am unable to contribute, instead of splitting money 3 ways. Can they legally do that? It seems as though they want to 'punish' me for not being able to help out, but I am on disability and have a very limited income. I also don't agree to this plan, bc the work they will be doing will not significantly increase the sale price.
Sister is administrator. Her and brother want to fix up family home before selling. They are taking out personal loans for the repairs, and will repay those back with money from sell of home. I however cannot take out a personal loan due to my poor financial situation. They are saying they should then get a bigger portion of the money received from the sale, since I am unable to contribute, instead of splitting money 3 ways. Can they legally do that? It seems as though they want to 'punish' me for not being able to help out, but I am on disability and have a very limited income. I also don't agree to this plan, bc the work they will be doing will not significantly increase the sale price.
Estate Assets and Debts: Can I Be Penalized and Lose Out on Inheritance Due to Poor Credit and Limited Finance
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