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another dumb question about a possible windfall

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    another dumb question about a possible windfall

    My father has terminal cancer. he could conceivably pass away before our 6 month post discharge period is up. My sisters and I are all estranged from him, and it is possible he changed his will, but I doubt it. Anyway, if he did not change his will, then I stand to inherit a tidy sum of money. If the trustee asks something like, "are you expecting a windfall of any sort" what do I say? The truth is really, I don't know. IF he dies sometime soon and IF he left us as the benefactors then the answer is yes. BUT, those are really big ifs. And, I have absolutely no intention whatsoever of asking my father if he has changed his will, haven't spoken to him in a year and I don't intend to start now. I'm not interested in speaking with him ever again. I do not care if he leaves us the money or not, that's his business, but I do not want to be caught in a mess either.

    I suppose it's another question for my attorney. Has anyone been in a similar situation?

    #2
    First off, the windfall time frame is 180 days from FILING, not from discharge.

    As for how to answer the question, you would say "no".

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      #3
      I would say no too, after all your not EXPECTING a windfall.
      So sorry about your dad. I hope you guys can have some peace.
      WAM
      ch7 8/07 CLOSED: 11/07 Rebuilding and saving.
      WAMU unsecured $2,000 Capital One unsecured $500
      PAID OFF MONTHLY!!!

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        #4
        Thanks! I figured that was probably true, but it never hurts to double check.

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          #5
          I'll ditto the "No" answer to that question.
          Chapter 13 Filed "Old Law"
          Filed: 6/2003 Confirmed: 3/2004
          Early pay off sent: 10/05/2007 - 9 months early
          11/16/2007 - Discharged!

          Comment


            #6
            Originally posted by kl030505 View Post
            My father has terminal cancer. he could conceivably pass away before our 6 month post discharge period is up. My sisters and I are all estranged from him, and it is possible he changed his will, but I doubt it. Anyway, if he did not change his will, then I stand to inherit a tidy sum of money. If the trustee asks something like, "are you expecting a windfall of any sort" what do I say? The truth is really, I don't know. IF he dies sometime soon and IF he left us as the benefactors then the answer is yes. BUT, those are really big ifs. And, I have absolutely no intention whatsoever of asking my father if he has changed his will, haven't spoken to him in a year and I don't intend to start now. I'm not interested in speaking with him ever again. I do not care if he leaves us the money or not, that's his business, but I do not want to be caught in a mess either.

            I suppose it's another question for my attorney. Has anyone been in a similar situation?
            I'm in a very similar situation (except not estranged). My Mom died about a month after I filed, and my Dad who is very elderly is in rather poor health. I am his caretaker now.

            As others have said, the answer to the question, if posed, is "no."

            And the time in question is 6 months from filing, not from discharge.
            Filed Ch. 7 June 14, 2007
            341 Meeting July 19, 2007
            Discharged September 17, 2007
            Closed September 17, 2007

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