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<p class="MsoNormal">I have a probate case wherein the decedent paid a rather large up front entrance fee pursuant to a residency agreement expecting that her estate would be timely repaid most of the amount upon her death. The PR has been going back and forth
with the Owner/Operator of the property the decedent resided at but Owner/Operator is pushing back that payment is not due until almost two years after her death unless someone takes over her specific residence. Owner/operator has gone so far as to say that
even if another existing resident were to move in to decedent’s former residence, that would NOT trigger repayment.
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Anyone have any experience with this? Unfortunately, the language reads that way but I find it hard to believe that potential residents in their 70s and 80s would catch the cleverly worded provision supporting Owner/operator’s position.
Vulnerable Adult statute is unlikely to apply under the circumstances but it really does seem like owner/operator hid the ball and now the estate is left waiting for an asset worth a few hundred thousand dollars and a debtor who has every reason to wait to
repay. <o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Any input or experience (including war stories) is welcome. <o:p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Matthew D. Yates<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Attorney at Law<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Yates Marshall, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">10000 NE 7th Avenue, Suite 200<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Vancouver, WA 98685<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Phone: (360) 449-6100<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">Fax: (360) 449-6111<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif"><a href="mailto:matt@yatesmarshall.com">matt@yatesmarshall.com</a> (<b>New Email Address</b>)<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman",serif">www.yatesmarshall.com<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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