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Re: Have an ODD thing going on????


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Posted by Dick2 on August 29, 2015 at 05:01:29 from (174.19.246.61):

In Reply to: Have an ODD thing going on???? posted by JD Seller on August 28, 2015 at 19:52:58:

Get him out of there! If you are the designated Trustee, your primary function is to protect the assets of the Trust. Secondary function is to increase the net worth of the Trust when possible. There is no room for emotion in the Trustee's duty.

Talk to the guy; tell him that he should use his inheritance to buy his own place or find a new place in town to rent. If he stays there, he will become a parasite on the family and probably end up suing the Trustee and family.

My Dad let a couple move their house trailer into our farmyard because Dad was a good friend of the wife's folks. The husband was a real deadbeat. His usual MO was to work for a construction company long enough to become eligible for unemployment benefits, then get himself fired so he could draw unemployment checks. When the unemployment ran out, he went on welfare.

Dad didn't charge them any rent, but the guy had a welding truck so he was supposed to cut up old machinery in lieu of rent. One day he went out and made one cut and managed to get his forearm pinched. Went to the doctor ONCE; doctor just bandaged his forearm and sent him home.

Soon they hooked onto their trailer house and moved it to a vacant farm; then filed a lawsuit against our farm for $50,000. Our insurance company investigated, drug out the case awhile and finally settled it for a cash payment of $2500 - that they called a "Nuisance Fee".

The old guy has to be removed from the property, talk to him one more time and then proceed with legal action - BUT GET HIM OUT OF THERE!


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