TM Forums
Back to search

How long should lawyers keep documents?

#Post
51

Best thing you can do is just forget about it and let it go after 33 years. If you let it go I bet it will feel like a huge weight off your shoulders.
I can always tell if someone holds onto a grudge they look way older than they are and they don't enjoy life because they look at the hole in the doughnut and are consume by it and they will shorten their lives because of the stress and take it all the way to the grave with them.
Claim your life back today and let it go because what is 150k if the stress of it costs you your health and your life.
I would say this ( I let this go after 33 years it has no more control over my life) and every time you think about it you just repeat the saying.

leson - 2021-09-23 06:25:00
52
leson wrote:

Best thing you can do is just forget about it and let it go after 33 years. If you let it go I bet it will feel like a huge weight off your shoulders.
I can always tell if someone holds onto a grudge they look way older than they are and they don't enjoy life because they look at the hole in the doughnut and are consume by it and they will shorten their lives because of the stress and take it all the way to the grave with them.
Claim your life back today and let it go because what is 150k if the stress of it costs you your health and your life.
I would say this ( I let this go after 33 years it has no more control over my life) and every time you think about it you just repeat the saying.

Good advice. In the alternative actually do something about it other than collect 5000 pages of evidence and whinge on a public message board.

johnston - 2021-09-23 09:23:00
53
johnston wrote:

Good advice. In the alternative actually do something about it other than collect 5000 pages of evidence and whinge on a public message board.

So how do I clear the mortgage on my property? The morgagee has died.

trade4us2 - 2021-09-23 09:53:00
54
trade4us2 wrote:

So how do I clear the mortgage on my property? The morgagee has died.


The mortgagee is now the executor of the “current” mortgagee’s estate and you need to repay the mortgage to the estate.

sarahb5 - 2021-09-23 10:37:00
55
sarahb5 wrote:


The mortgagee is now the executor of the “current” mortgagee’s estate and you need to repay the mortgage to the estate.

That executor has just told me that she does not have the documents that prove that a (deceased) beneficiary owes a large sum of money. But no worries, I have just found my copy of a "deed of acknowledgement of debt" for that sum of money. I presume that lawyer who wrote that deed will have the original copy. I also have found copies of 14 letters that refer to the debt.

trade4us2 - 2021-09-23 11:40:00
56
trade4us2 wrote:

That executor has just told me that she does not have the documents that prove that a (deceased) beneficiary owes a large sum of money. But no worries, I have just found my copy of a "deed of acknowledgement of debt" for that sum of money. I presume that lawyer who wrote that deed will have the original copy. I also have found copies of 14 letters that refer to the debt.

Good.

johnston - 2021-09-23 13:17:00
57

There cannot be a mortgage though, right?

johnston - 2021-09-23 13:21:00
58
johnston wrote:

There cannot be a mortgage though, right?

The value of my mortgage is precisely my share of the estate. So I should owe nothing. The mortgage is interest free, since the mortgagee was living in the house untli her death.

trade4us2 - 2021-09-23 13:33:00
59

Yeah pay the 20k to settle/close it with the lawyers as 70k is still good and the 20k is not worth the stress.

leson - 2021-09-23 13:38:00
60
trade4us2 wrote:

The value of my mortgage is precisely my share of the estate. So I should owe nothing. The mortgage is interest free, since the mortgagee was living in the house untli her death.

What I am saying is that if there is a mortgage it will be registered on the title and therefore not in dispute.

johnston - 2021-09-23 13:53:00
61
leson wrote:

Yeah pay the 20k to settle/close it with the lawyers as 70k is still good and the 20k is not worth the stress.

Not to mention the diminishing purchase power.

johnston - 2021-09-23 13:54:00
62
trade4us2 wrote:

That executor has just told me that she does not have the documents that prove that a (deceased) beneficiary owes a large sum of money. But no worries, I have just found my copy of a "deed of acknowledgement of debt" for that sum of money. I presume that lawyer who wrote that deed will have the original copy. I also have found copies of 14 letters that refer to the debt.


So long as there hasn’t been a subsequent Deed forgiving the debt of course

sarahb5 - 2021-09-23 14:01:00
63
sarahb5 wrote:


So long as there hasn’t been a subsequent Deed forgiving the debt of course

I thought that right away too, but at least it flips the evidential burden.

johnston - 2021-09-23 19:26:00
64
trade4us2 wrote:

The value of my mortgage is precisely my share of the estate. So I should owe nothing. The mortgage is interest free, since the mortgagee was living in the house untli her death.

Apart from tiding the loose ends, to you it hardly matters if its wound up what you get will go straight to your mortgage that is recalled. It hardly mattered to the executor that owed $150,000 or was better not sorted for them. The other beneficiaries probably think the legal cost to get there 90k that could be 70 k was not worth bothering. Its just try to get the $150,000 back and then perhaps the other beneficiaries can get there share.

ash4561 - 2021-09-25 13:12:00
65

Im not sure which will i am on, but I do not see any reason why will 2 can't be paid out 70,000 each or 60,000 leave some for expenses and they keep your share and put it to your mortgage while waiting to see if the $150,000 can be got back to payout at a latter date.

ash4561 - 2021-09-25 13:23:00
Free Web Hosting