Estate question: has anyone ever had this problem?

We are working with estate lawyers who say that the money they have consolidated in trust from my late moms accounts exceeds the amount they should have. This happens when a debt on record is claimed to have been paid but in fact has not. All debts recorded have been paid with receipts and transaction records also confirm this. There are no other debts and even if there were, they wouldn’t be relevant to why there is currently an overage of funds, since they are not even on the record. Transaction records have be examined we cannot find the answer.

It’s almost like the bank redeemed too much money and we cannot figure out why - even the bank.

Has this ever happened to anyone?

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BackyardShaman · 61-69, M

I’ve seen this and there is an accounting error somewhere.

NiftyWhite · 46-50, F

I can’t understand it. It’s all on paper: how can it not be easily found by looking at the transactions? @BackyardShaman

BackyardShaman · 61-69, M

@NiftyWhite I’d say it’s likely a miscalculation that isn’t jumping out at you, something declared that doesn’t show up. I know it’s frustrating, it’s impossible for me to say exactly what it is, but let’s say the estate listed something of some value that was exaggerated accidentally, that could cause this.

robb65 · 56-60, M

Sounds like a bookkeeping problem at the bank. Long time ago my parents discovered an extra $4000 in one of their accounts. They went in circles with the bank for a few years about it, the bank wouldn't take it out because the bank couldn't figure out who it belonged to or how it got there. I know the money was still there right up until the time they closed the account but can't remember what finally happened to it.

stratosranger · M

Why is it never this simple?

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gdon39 · 46-50, M

I’ve experienced something similar but you probably would know it by the sounds of your booking.

Checks un cashed or transfers not executed. The un cashed checks did happen to me and I should have been able to see it easily but they were a couple years old and the recipient had passed away.

TexChik · F

Sounds like an accounting error . A forensic accountant will be able to find it .

samueltyler2 · 80-89, M

Sounds as if someone screwed up.

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