- Jurisdiction
- Oregon
I am an inheritor, (one of four) of ranch property. I am trying to buy the property that consists of 4200 acres. I've lived on it for forty two years. One of the inheritors, my sister, is also a trustee along with a cousin. My mother, owner, recently died. She and I had a partnership agreement---involving only me. I have hand written letters from her declaring that all partnership items are mine and not to be shared by the other inheritors. The ranch property itself will be divided by the other inheritors. One of the inheritors is already very vocal about her rights. None of the other inheritors have objected to the partnership. This sister (not the trustee sister) might take us to court with a lawyer who will work on a contingency plan. Also she will be inheriting around $500,000.00 along with me, my sister and the other inheritors, issues of my deceased brother (who receive only 1/16th of the inheritance). Not one of these people are objecting. I have worked on this ranch for 42 years, every year improving it and no one else in the family has. I want to buy out the others' shares. Another aspect of this is I have been paying the trustee sister $1,000. a month for living expenses. Now I'm concerned that this would appear as collusion. I don't want my good (trustee) sister to get in trouble about this. We've all been extra careful to do things correctly, knowing the not-so-nice sister will pounce on it. Any ideas? I don't mind paying for the question if I need to ask more. Thank you.