Hi-- I know no one can help me decide "if it's worth it" but I need some feedback.
My spouse and I have worked very hard to be debt free for retirement, and have a nice nest egg . We are still working full time
Then it happened. My mother died, and my brother, the executor, is stealing her estate blind.
I've had to hire an atty. to stop him and so far have paid the atty. $24,000 cash. My brother throws up every conceivable roadblock, and my atty. estimates it could take another $50,000 to "finish" the lawsuit.
I am funding the atty with my full time salary, currently sending him $1000/month and there is an unpaid balance of $15,000.
At this point, I am so depressed and confused. We have made minor progress in showing that my brother is hiding, breaking probate laws, etc. but we're still not done with the discovery process and then we will have to subpoena bank documents (he can't find them, bla bla bla).
We are not in financial stress due to being debt free and can live on my spouse's income. If I divert 100% of my income to the lawsuit, plus add $1000 income from a rental, I can send the atty. $3000/month.
My attorney is honest and has recommended that perhaps we consider a settlement and not continue due to the cost. But as he points out,my brother is not a reasonable man and will not likely negotiate.
Meanwhile I am so stressed and there is no guarantee of a win.
Estate is worth about $350,000.
any words of advice? PLLLLLEAAASE? I am so foggy and confused.
If I allow him to steal the estate I am a victim of his theft. If I continue I am a victim of a huge debt.
Ideas? Suggestions? Referrals?HELLLPPPP
My spouse and I have worked very hard to be debt free for retirement, and have a nice nest egg . We are still working full time
Then it happened. My mother died, and my brother, the executor, is stealing her estate blind.
I've had to hire an atty. to stop him and so far have paid the atty. $24,000 cash. My brother throws up every conceivable roadblock, and my atty. estimates it could take another $50,000 to "finish" the lawsuit.
I am funding the atty with my full time salary, currently sending him $1000/month and there is an unpaid balance of $15,000.
At this point, I am so depressed and confused. We have made minor progress in showing that my brother is hiding, breaking probate laws, etc. but we're still not done with the discovery process and then we will have to subpoena bank documents (he can't find them, bla bla bla).
We are not in financial stress due to being debt free and can live on my spouse's income. If I divert 100% of my income to the lawsuit, plus add $1000 income from a rental, I can send the atty. $3000/month.
My attorney is honest and has recommended that perhaps we consider a settlement and not continue due to the cost. But as he points out,my brother is not a reasonable man and will not likely negotiate.
Meanwhile I am so stressed and there is no guarantee of a win.
Estate is worth about $350,000.
any words of advice? PLLLLLEAAASE? I am so foggy and confused.
If I allow him to steal the estate I am a victim of his theft. If I continue I am a victim of a huge debt.
Ideas? Suggestions? Referrals?HELLLPPPP

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