Legal Question in Wills and Trusts in Louisiana

My grandmother had a building that she rents out, she left it to 8 people when she passed away(her 6 kids & 2 grandchildren-me & my brother). The buidling brings in the same amount, every month. Her husband passed away 20 years ago. There are 2 different estates, one for just her(which me & my brother are included on that is just the building(and one for her & her husband(which we are not included on-only her 6 kids are that is just the home which brings in no income). An aunt & uncle opened up a checking account for each estate one i/n/o her & the other i/n/o her and her husband. We were suppose to put the rent money in the estate of her account, pay the insurance & taxes at the years end, then split the remainder between all 8 of us. That never happend. They have spent the money to do misc. things & for things for the home(estate of him & her). There is not even enough money to pay the taxes on the building. I have already filed my taxes for 2009. What step should I take from here?


Asked on 4/22/10, 9:16 am

1 Answer from Attorneys
Nick Pizzolatto, Jr. Pizzolatto Law Office

Something does not make sense. But if there is not enough to pay expenses such as taxes, why keep it? Why not sell if and if it is debt free, get some cash? Anyway, those are my thoughts with the limited information you gave. Nick Pizzolatto, Jr. Lake Charles, LA

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Answered on 4/27/10, 4:04 pm


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