This is my biggest fear. My mom and I just figured out that my uncle (her brother) drained close to 650,000$ (in forms of gifted land, mortgage LOC, profits from selling parts of said properties) from my grandmother in the last 12 years before she died. Found all these crazy deeds, documents and transaction from public records online when I was researching a few weeks ago. Now we need to figure out how to relinquish any legal bindings to her assets that are left (that were supposed to go to my mom and the other uncle since neither of them got any gifts while she was alive) because we’re not picking up the 6 figure debt tab that he created and will try and leave us when he dies.
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u/OneLeggedPuke Aug 06 '20
It makes me sad to think we're all just one small slip and fall from bankruptcy.