Only reason I’m Co-Executor is because none of my other sisters wanted the burden. (note: eldest sister n I are 14 yrs apart.) My sister who is also co-executor basically has her name but I did majority of work. I normally would never take money from my mom - as the baby of the family I figured I’m doing this for my mom. My mom passed away November 2019 and we are finally closing escrow on her million dollar house. Her will stated to divide shares equally amongst her 7 daughters. I’ve tried my best to be fair but I’ve come across so many obstacles. (1) my nephew wanted to purchase the house cheap (less then $200k of what we got) - I along w/ some sisters said no - thinking my mom has 14 grandkids and why should only one benefit besides the Will said to split amongst 7 sisters. So now my sister and nephew will probably never speak to me again. (2) my other sister wanted her husband to be our realtor so he could get commission- I didn’t want to involve family but the sister who was son didn’t get the house already told my brother in law to be realtor - so he was but there was no progress for 70 days - my BIL sucked at his job - and my mom has reverse mortgage and we only have one year to sell before house goes to foreclosure. So I felt like we had to do something - so we hired a new realtor we got the house sold above asking price at $1.1M. Meanwhile my sister who is married to realtor has made my life a living hell. She has said such horrible things to me saying I broke our family, cussing me out via group text msgs and she has threatened to sue me. She called my realtor and told him she will file a lawsuit if we sell house w/o her permission. She thinks she has to sign paperwork to sell house because my mom left house to all 7 of us. She’s so stupid not realizing that is why my mom appointed her successor trustees (my sister and I as Co-Executors). So I tried my best to bite my tongue and just go forward with the sale of the house. Every one of us will be receiving $20k more then we would have if we sold it to my nephew and I know the house would still be for sale if my BIL sold it (note his realtor ID online shows last real estate Transaction was 2014). I even asked my sister if the reason she is suing because she and her husband are not getting extra money from his commission- she said yes.
And the worst part is out of 7 daughters these two hardly ever saw my mom - one lived 5 minutes away and the other greedy one would only visit if she used my mom's money to rent a car.
Note I live the farthest from all my sisters (over an hour away), but I had to see my mom every week no matter what - I would take the ferry, subway, Uber rain or shine.
I just don’t know what to do about the Executor fee compensation. It was a lot of work plus we had to remodel home and I’ve spent so many hours dealing w/ sale of house and taking care of finances etc. The other sister who is co executor barely did anything. And honestly money to me is the root of all evil - but our accountant said the the fees total up to $20k. I feel like that’s too much, but I just don’t think my 2 sisters deserve any more then they deserve. However I know this would cause more chaos amongst us girls. Honestly the those two have said such mean horrible things to me that I really don’t want to see or speak to them again. My mom just died - and all they care about is the house and money. But I feel guilty getting compensated and splitting it w/ sister who really didn’t do much. Any advice?
If it would make you feel better, you can donate the fee (or a portion thereof) to your favorite charity. Or your mother's favorite charity.
I doubt your sisters will treat you any better if you don't take the fee.
Almost all families have arguments over estates. Even when it is laid out so fairly with each sister getting the same 1/7th of the estate.
Do the best you can. Provide short and factual statements to answer any naysayers and simply say that everything was carried out exactly as your parents provided and the court approved. Don’t try to argue or prove your point further - their perspectives don’t sound reasonable, so arguing won’t help. If you have given them the information, just refer back to it for them to review and then get off the phone. Please just don’t engage. It just makes it worse.
Time will heal this. Please do not beat yourself up after you have done all the work. Do not sacrifice all of the fees thinking it will “fix” all the raw feelings - it won’t. Just execute it according to the will with your co-executor. The two of you need to be aligned. Let the others fuss among themselves.
Good luck from the bottom of my heart.
I dont see how things could get that much worse than they are. I would take the money. It sounds like you are doing your best to make it equitable for all. Selling house to son for 200K less would be basically stealing from other heirs, unless that was made up for in some way.
When the hen asked for help making the bread, all the farm animals said, "Not me." So, the hen did all the work herself. After all the work, when the bread was baked, the farm animals wanted to eat the bread.
The hen said, "No. I did the work. I eat the bread." That the other animals might be hungry wasn't her problem.
Please know that it's OK to tell your sisters that you and the co-executor sis are going to take the fee. You earned it. The greedy sisters didn't.
You’re the executor, performing Executor Duties. You’re legally entitled to compensation. You’re also obviously suffering anxiety and dread that comes from herding six cats. All of which makes you additionally morally entitled to compensation.
Repeat the following when you start feeling sibling pressure:
“I can’t please everyone. I’m exercising Mom’s wishes. My sisters will be angry no matter what I do or don’t do”.
My mother passed a few years ago. I still find it comforting speakIng to her. Especially on matters she would of had a strong opinion.
Best Wishes
RobertCasey
The will was very specific and divided her estate among 7 daughters. The house is sold so divide it that way and be done with it. Just so they know you were being fair, record what the accountant said about payment for your services and mark that document as 'I am declining payment for my executor services'. It will be clear to them that you tried to do the right thing. Highlight on the will mom's decision to divide equally with all the siblings. Attach a document that proves what house sold for, what had to be paid out of that amount, final balance and divide by 7.
You are correct that grandson should not have benefited in a way that other grandchildren would not. It's also an indicator of that sister wanting more than her fair share. Realtor sister should not benefit from sale of your mom's house either.
As long as they can see, in black and white, what the will said and what the distribute-able proceeds are - no one should have a complaint. And if they do, it won't matter at that point anyway. If someone wants to be mad because you followed your mom's wishes without being paid to do so - let 'em be mad. You won't have a guilty conscience.
Just make sure that you keep track of everything you are doing in a log. I have seen all different types of Families lose their way after a death of a loved one. Wills can create great upheaval in a Family. The worst side of some people comes out when death happens in a Family. Whether that Family is close or not, it just does.
Dh did all the legwork and EOL stuff. I cleaned and painted and flipped the condo to get the best price possible ( and we did) but BIL wouldn't allow me to take an hourly fee for the work I did. It angered me to no end that DH basically caved to BIL and did all he could to make BIL's 'cut' be larger than anyone else's.
My son was in law school at the time and beyond livid at his father for being such a patsy. BUT--this was DH's family and his problem. I was very, very angry at being used to prepare the properties for sale but I talked about it once with DH and promised him I'd stay calm. BIL DEMANDED I keep and show him all the receits. I did. To the literal DIME.
It created some really bad feelings between me and BIL (who is the world's laziest man).....but it's been 16 years and I tried to let it go.
Our OWN will/trust specifically names our executors and specifies and AMOUNT they are to receive in the disposition of the estate. And we will amend that, if needs be. I have talked to all the kids and they know that if they mess with the decisions their dad and I have made, they will inherit NOTHING.
My BIL (DH'd brother) who was never around or involved in any care, any anything--stood to inherit the same amt as the other 2 kids. That was another whole issue.)
My advice- write off the twosistersinbloodandmoneyonly, take the executor’s fee THAT YOU DESERVE, and take some time for yourself to deal with the genuine grief you felt for your mom.
The guilt- don’t waste your time on it. Not. At. All.
Money can be a good servant but a very poor master. The cheap, nasty sisters may wind up learning that the hard way.
Would the "family realtor" have not taken commission if he had sold the house? I bet the answer to that is a big NO.
If you truly do not want to take the entire fee and there is a "co-executor" figure out how much work she has put in and give a % to her. If she did 1/3 of the work give her 1/3 of the fee.
But you are entitled to compensation for the work you have done. Do not feel guilty about it you know what you are worth.
You've done the job you were assigned to do, to the very best of your ability. You've earned the compensation. That's why a fee for the executor exists: it's hard work and the person who does it should be paid.
Best of luck; you are dealing with a lot, but family members personal issues shouldn't be one of the things you have to "fix" along with everything else you're handling.
My condolences on the loss of your mother.