mellicious: pink manicure (mermaid)
[personal profile] mellicious
So, after all this time I finally have an estate account. A rather largish estate account, actually, since the money from one of my mom's big CD's got put into it as well as what she had in checking and savings. A good portion of it is going to get spent right off the bat, though - the estate owes me several thousand dollars to begin with, since besides the funeral costs, I've been paying a number of her bills (like the management fee on the townhouse) myself for, what, three months now - and there's several thousand more in unpaid bills for her care the last few months of her life that are still floating around. And then there are the lawyer fees. Then we are probably going to turn around and spend a goodly amount - several more thousand, at least - to renovate the townhouse before we sell it. Everybody keeps telling me it will be worth the money, so I am taking their word for it, I guess.

I spent the entire day yesterday doing all this stuff, pretty much. I went to the bank and the other bank and the lawyer's office and the local water authority, because the water bills were drafting out of an account that no longer exists. And I need to do the same for the electric bill, but I can't find the damn bill. Aargh. Maybe I'll go home for lunch and look for it.

Date: 2007-06-01 06:44 pm (UTC)
From: [identity profile]
Finally, yay! And I am glad you can now pay yourself back. Is there room in the budget for a pair of thigh-high patent leather boots? And a riding crop? You know, to complete your Executrix ensemble?

Date: 2007-06-01 09:01 pm (UTC)
From: [identity profile]
Hmm, maybe I should! (Wonder if Rob would like that...)

Date: 2007-06-02 04:49 am (UTC)
From: [identity profile]
More unsolicited FWIW advice: Before you spend money on a renovation, check with a good, reliable real estate professional (yes, I know they are few and far between). Many people want to renovate their own way, and it's possible you could put a lot of money into the house just to have buyers ignore it because they want their own design, appliances, configurations, etc. I'd certainly replace anything that's broken or cracked or peeling, etc., but I'd be leery of investing in, say, a new marble bathroom, or expensive kitchen appliances if your plan is to sell it. But I could be totally off base here, too, so this really is just a FWIW/maybe-think-about-it thing.

Date: 2007-06-02 05:27 am (UTC)
From: [identity profile]
As it happens, the realtor went over the place with a fine-tooth comb, pretty much, and I have a long list of her suggestions. I can't take credit for having thought of that, though, my sister found the realtor, and she does seem to know what she's talking about, as far as I can tell. (It's my sister's one contribution so far to the whole estate business.) And actually, that is the thing that she said that I am most iffy about, is that she thought we should replace the stove and the dishwasher. Mostly because they are ugly, and old, and Harvest Gold. But on the whole her suggestions were highly realistic, and very much cosmetic. Repaint, get new toilet seats, that kind of thing.

The realtor also has "a guy" - a handyman-type guy, that is - who's going to give me an estimate on doing all the painting and so forth. I haven't heard back on that yet.


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