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I often pay bills from my account on behalf of my mother. Do I need any special documentation to put myself in place as an official creditor to the estate before the split with my siblings?

Submitted: 39 days and 3 hours ago.

Category: Estate Law

Value: $28

Status: CLOSED

State/Country relating to question: South Dakota

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Posted by Daniel Solutions 39 days and 3 hours ago.

Answer

Yes. You need to be the Trustee/Payee/Guardian or have Power of Attorney over your mother. Your mother's bills should be paid from either her account or an trust account created in your name for her benefit. You should not be paying bills from your own account then seek reimbursement from your mother's account.

39 days and 3 hours ago.

Reply

If she had the money I would pay it out of her account. However, she has little money, so I cover these bills. How can I get around this?

Posted by Daniel Solutions 39 days and 3 hours ago.

Answer

You still need to have a written agreement where she will reimburse you for basically small interest free loans your are extending to her.

39 days and 3 hours ago.

Reply

I want the reimbursement to be from her estate. Can the agreement state is as such? The essence of the question is that she has no money, I'll cover bills 'til she's gone, but want to be paid from the estate before the split with siblings. How can I make this happen?

Accepted Answer

If your mother is alive, which I assume she is alive, then you would asking to allow the money you pay on her behalf to build until she dies, then you try to get the money from her estate. If that is correct you may run into several problems one of which could be the statute of limitation. However, as I mentioned in my prior post, you must have a written agreement where she will reimburse you for basically small interest free loans your are extending to her. I do not advise such an agreement. I wish you well.

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Expert:	Daniel Solutions
Pos. Feedback:	96.6 %
Answered:	10/15/2009

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I often pay bills from my account on behalf of my mother. Do I need any special documentation to put myself in place as an official creditor to the estate before the split with my siblings?

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State/Country relating to question: South Dakota

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Reply

If she had the money I would pay it out of her account. However, she has little money, so I cover these bills. How can I get around this?

Answer

You still need to have a written agreement where she will reimburse you for basically small interest free loans your are extending to her.

Reply

I want the reimbursement to be from her estate. Can the agreement state is as such? The essence of the question is that she has no money, I'll cover bills 'til she's gone, but want to be paid from the estate before the split with siblings. How can I make this happen?

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Question

I often pay bills from my account on behalf of my mother. Do I need any special documentation to put myself in place as an official creditor to the estate before the split with my siblings?

Optional Information

State/Country relating to question: South Dakota Already Tried: FREE ADVICE.COM

Answer

Reply

If she had the money I would pay it out of her account. However, she has little money, so I cover these bills. How can I get around this?

Answer

You still need to have a written agreement where she will reimburse you for basically small interest free loans your are extending to her.

Reply

I want the reimbursement to be from her estate. Can the agreement state is as such? The essence of the question is that she has no money, I'll cover bills 'til she's gone, but want to be paid from the estate before the split with siblings. How can I make this happen?

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