﻿Estate recipient owes money to deceased estate holder - AgingCare.com
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If the estate was \$100,000 and it is to be divided among 5 daughters and one of the daughters owes \$5000 that the Mother loaned to her. It was to be repaid out of the daughter's share when the Mother died. How would the money be divided among the 5 daughters?

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And we used the same logic, Jeanne. I have a feeling we would be fast friends in person.
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Jessie, we were typing at the same time. We both must like math puzzles!
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I understand the problem, and tackled it as a brain teaser.
1. The "pot" to be divided is 105,000 -- the estate plus the loan repayment.
2. Everyone gets \$21,000
3. The borrower "repays" out of her share, so she gets \$16,000.
4. 21,000 + 21,000 + 21,000 + 21,000 + 16,000 = \$100,000.

This is a fair distribution of the estate.
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I wasn't very clear. The money isn't really paid back, so the debtee gets \$5K less than the others. Figuring out how much the 4 received was just working with the \$105K that would have been in the estate if the money had been repaid.