For the mathematical facile

[pokerfan]

The last surviving parent passes away and leaves a will to five children.

The will noted several (no interest) loans against the estate.

Amy had borrowed $15,000
Brad had borrowed $10,000
Craig had borrowed $7,500
David and Emily had no debts to the estate.

The estate is worth $95,000.

How much should everyone get?

[Perseid]

1. Brad should get it all because

he only borrowed a percent

[pokerfan]

2. fixed

back to the calculator with you!

[Perseid]

3. I knew an Amy once, and

I think, based upon my remembrances and calculations that I made regarding her,

she should get it!

(can you tell that I am avoiding a mental confrontation with self?)

[Lethe]

4. $19,000 each, less the amount the individual borrowed?

$4000, $9000, $11500, $19000, $19000

that sound right?

[pokerfan]

5. Well, that's an answer

but it only adds up to $62,500.

The estate is $95K. What do we do with the other 32,500?

[Perseid]

6. Amy............n/t

[pokerfan]

7. David and Emily should split the remainder

because they were never deadbeats.

[Perseid]

9. hell

they probably don't even exist. They were just imaginary tax write offs for the offed one.

I still say Amy, and support her right to sue the rest of the greedy bastuardos.

yes I do!

[Lethe]

8. i thought the kids had borrowed the other 32,500

[pokerfan]

10. The key word being "borrowed"

Not run off into the hills with. They still owe the estate, the remainder of which is $95K.

So how best to fairly settle all debts and distribute the estate at the same time?

[Omphaloskepsis]

13. Pay off the debt..

[mzteris]

18. if you divide that by 5

and add it to the numbers above, you get the same answer you came up with at the end.

so either way you figure it, the #'s are the same.

[krispos42]

11. The estate is worth $95,000

But that is with the loans missing from it.

So it is actually worth $127,500.

Each person gets $25,500, but the borrowers are less the amount they've taken out prior to the death.

So Amy gets $10,500
Brad gets $15,500
Craig gets $18,000
and David and Emily get the full $25,500.


How's that?

[pokerfan]

12. Ding Ding Ding!

We have an answer.

And that's the one I ran with. And I haven't been sued by any of my siblings. I was so stunned and grief stricken at the time it was like I was sleepwalking. I couldn't figure out the simplest calculation.

But that is the exact answer I came up with, with the same logic.

[krispos42]

14. Great!

What's my percentage for performing this vital service to society?

:hide:

















j/k


Sorry about your loss :-(

[rug]

15. Although, debts to the estate are part of the estate.

So, the estate could be consideres $62,500 plus $32,500 as collectible debt.

[Squatch]

16. Zero. They should donate it to charity.

[KitchenWitch]

17. My answers

David and Emily should get $25,500 each
Craig should get $18,000
Brad should get $15,500
Amy should get $10,500