I am so mad!

[2BlackDogs]

If this pissy pass isn't in use I think I could use it now!

We are looking to buy another car with gas prices so high so we found one that I liked. It was owned by the parents of one of my neighbors. their parents passed away and they decided to sell the car. My neighbors sibling is the one who got power of attorney for the estate so it was his choice to sell the car. When I heard about it, we went and looked at the car and decided we liked it and wanted to buy it. So my neighor calls her brother to tell him she has a buyer for the car. He says great.

Then the next day he changes his mind about selling the car and thinks he now wants to keep it for him. My neighbor is so angry that she had me lined up to buy and now he's changed his mind. He lives in another state and would rather that I got the car instead of him. I actually need it and he doesn't. He has plenty of vehicles. She's trying to talk him out of taking the car and selling it to me since he did agree I could buy it.

I totally understand if he wanted to keep the car in the family but if that was the case he should never have said to sell it in the first place. So I got my hopes up for nothing and both my neighbor and I are pretty angry right now. Unfortunatly since he has the control over the car, we can't do anything. So I'm a little ticked!

 

[Dakotah]

(((hugs)))
I hope yall get the car.

 

[2BlackDogs]

I hope so too but it isn't looking promising.

 

[Renee750il]

Unless he was specifically and solely left the car in the will, she and any other siblings are entitled to a portion of the car's fair market value if he takes it.

That might make him think twice about what to do with it.

 

[2BlackDogs]

Unless he was specifically and solely left the car in the will, she and any other siblings are entitled to a portion of the car's fair market value if he takes it.

That might make him think twice about what to do with it.

From what I understand, He has the power of attorney over her estate. If the car sells, the money will go into the bank accounts of his mothers. At this time the money won't be split among the siblings. there is property also for sale and that money will also go into the bank account. Everyone already received money and the money from the house and car will go into the bank. They also have commercial property that is being rented out that they are not selling which is part of why the bank account is still open.

The thing is, if he takes possesion of the car, He'll then have to give something to his siblings for it or get permission from all of them that he could just have it. His sister which is my neighbor isn't going to give him permission to just take it because she wanted it to be sold to me. I really think he's just trying to find a loophole somewhere.

 

[Renee750il]

That's what I was talking about. He can't just take something because he wants it. He is accountable to the rest of the inheritors for the value of it.

This is one of the reasons you should NEVER make a major beneficiary of your will the executor as well.

 

[Buddy'sParents]

What a bummer. I'm sorry, I hope it works out.

 

[2BlackDogs]

That's what I was talking about. He can't just take something because he wants it. He is accountable to the rest of the inheritors for the value of it.

This is one of the reasons you should NEVER make a major beneficiary of your will the executor as well.

I agree!

If he wanted it he should never have put it for sale in the first place though. He should have just told his brothers and sisters he wanted it and gave them thier share of the value.