Finding out the truth about a will/trust...kinda angry, very hurt.
Mother has always stored her "papers" in a safe in her bedroom. She has freely told all of us we are welcome to read the trust and know what's in it. I've never had any desire to do so, but today while I was cleaning, I saw it and thought "what the heck? I really SHOULD know what her "last wishes" are, since I am a daughter and my sis and I will be handling all that stuff, eventually and I don't even know what she wants to be dressed in...
First off, no surprise, mother has basically no savings, no investments, one whole life policy worth a few thousand bucks....BUT she had made addendums to the will saying that I "owe" the trust $1500 (I have NO idea why!) My brother owes it $6000 (She lives with him and he is her go to guy for everything and is not paid a cent..I know he doesn't know of this "debt"). AND my sister to whom my parents loaned a large sum of money was "forgiven" the remaining debt of $60,000. AND she is reinstated to receive her "portion" of the estate. My deceased brother took well over $100,000 from mother and dad, never paid them back, but his 4 kids will be inheriting his 1/6th portion. They have not seen mother in years and have no contact with her.
Now, I have no problem with inheriting next to nothing, but I'll be D#MU^& if I have to first fork over $1500 for something I don't even remember asking for nor receiving? The only thing I can think of is my mother wants me to pay her back for my orthodontic work from the 70's. I know that amount is almost exactly what it cost.
Has anyone ever encountered this? It was SO bizarre to me. And my brother who is at Mother's beck and call every second of everyday has to find $6000??
Probably serves me right for looking, but I wasn't snooping, I was trying to figure out what mother wanted as her "last wishes". Wow, just wow. Once again, the "favorites" come up smelling like roses and even if she ever dies, she'll still get her digs in at me. (FYI--this was fairly recently updated, but the "debt to the trust" dates back to 1996.)
Well, if nothing else, as my hubby and I start really pulling together our trust we will be sure to be 100% fair and equable, which we have tried so hard to be with our 5 kids.
I'm just venting, but wow, I feel like I've been punched in the guts.