i, the bonsai trump, don't understand why the heirs of the estate is wasting time looking into my expenses when it's obvious what the estate got in return was much more than expected. atty balili already agreed that with the complexity and difficulity of the right of way problem in mambaling, P1.5million is actually small. besides, the right of way of mambaling was necessary to save the estate. your other issue is the lawyer fees to atty balili. i strongly feel that we should just be thankful to atty balili because what we paid him was still very small compared to the decrease in estatate taxes because of him.
i would understand if tita jane just wants to be strict on everything, but why did she approve the P2.5m expense to remove mactan even if it did not beneift the estate? even if it has receipts, it was done without the knowledge and approval of christian and without the knowledge and approval of tito virgilio, who got excluded from the ownership. maybe christian should consult tito virgilio about this.
there needs to be a regular monthly report on the latest expenses and the estate balance including bank account balance. all expenses should benefit everyone, including tito virgilio. i don't understand why our accountant has so far never advised us that what's most important is the regular accounting and expense report and the report on the bank account balance.
i agree with tita georgia that using a wiki to report my expenses was unprofessional, but at least there was a real time expense report and there was a way for everyone to know everything that was going on in real time. however, what blows my mind is that now that we have a real accountant, it became much much worse because there is no more update. it's been more than a year since we hired an official accountant, and so far there has been zero update on the expenses and cash balance. it's also troubling that i'm not allowed to talk to the accountant. i've been requesting to talk to the accountant for more than a year but was never allowed to. it is also troubling that the accountant is the sister of our lawyer atty balili. it was also very troubling to me that tita jane and tita georgia let 2 months pass without informing us that the estate taxes have been paid, and was only forced to do so when i said i will go to the BIR to find out the status. until now i never understood that.
it was also very troubling for me to hear in the last meeting when tita jane's lawyers questioned why the regular administrator and special administrator should be refunded for the surety bond. the answer to that is just common sense. everyone benefited immensely because it was absolutely necessary to save the estate. so of course everyone should share on the expense. what blows my mind is tita jane approved the 2.5m expense which did not benefit anyone in the estate, and it only removed me tito virgilo, tito mike and tita doris from the ownership, and instead her lawyers question about the surety bond. i mean, that's just ridiculous !!! i'm very willing to let these mistakes go because we are family, and i understand we are not perfect. we all make mistakes. but i don't understand why tita jane, who is the most at fault for approving the mactan transfer, who kept us in the dark that the estate taxes have been paid, is not willing to do the same. if there is anyone who has cause the most damage to the estate, it's actually tita jane.
imagine if christian and tito virgilio hires their own accountant and lawyer to look into all the expenses that did not benefit him. i urge the current accountant to work with the administrator to point out all the latest expenses that did not benefit tito virgilio. of course tita jane would not want that to happen. but why is she doing the exact same thing that she would not want christian and tito virgilio to do?
what blows my mind is that what needs to be done is very simple and will benefit all of us immensely. so why won't we just do it? what needs to be done is:
1) forget everything that happened in the past
2) the accountant will create the latest expense report and current estate balance immediately without delay.
3) the latest expense report should be presented in the weekly meeting
4) halt all projects and expenses until the estate has been partitioned into 9 and the cases have been won
5) file the 4216/4217 ejection and 4143 reconveyance cases.
6) file the petition to partition the estate into 9
7) continue to find buyers for the properties but it has to be the appraised price
8) after the estate has been parititioned and cases won the heirs will meet on the possible future expenses and projects to know how much to set aside
9) if there is any money left after setting aside the future expenses, distribute to the 9 heirs
once the estate has been partitioned into the 9 heirs, the lots can be sold more quickly and at a much higher price. so why won't we want that? you are all acting as if you are billionaires who don't need money. i can even do all the work. all the administrator needs to do is to sign what needs to be signed. the only reason why anyone would oppose the plan is they are planning to do some magic magic and forgery like what happened to the very lucrative mactan property.
what we need to do in this meeting is get everyone's vote. i can try to meet with tito virgilio and try to get his vote.
those who do not want the estate to be parition will remain in the estate. those wants to get their 1/9 share will simply petition for partitioning and chip in for the filing fee.
as i keep saying, there really is no problem with the estate. if everyone knows all the facts and understands all the facts, all the heirs would be happy and soon enjoy their millions in inheritance. so the key is COMMUNICATION. if not all heirs know and understand all the facts, we will be embroiled in litigation and it will take many more years before the court can give the authority to sell or partition. the good news is it's VERY VERY VERY easy for all the heirs to know all the facts and understand all the facts because all heirs are educated. all heirs know how to read and all heirs know how to perform simple addition and subtractions. humans don't feel and act according to numbers alone. humans need CONTEXT to support the numbers. therefore, it is very important for each heir to do the following:
1) thoroughly read the following context document ian wrote. the document provides context to the accounting numbers
2) if an heir has an issue with an item in the context document, it needs to be discussed and resolved before moving forward.
3) if an heir has no issue with any item, be on RECORD giving OFFICIAL approval to the context document.
4) review each item in the following accounting report:
5) if an heir has a question or issue with an item, it should be resolved during the meeting.
* the accountant and ALL lawyers should be given the context document approved by the heirs.
* the estate accountant and ALL lawyers should be present in the meeting to give legal advice.
* the heirs should never discuss an accounting issue without the accountant and all lawyers present.
* this includes atty balili, jane's lawyers, doris' lawyer, and rey's lawyer.
* if an issue cannot be resolved internally among heirs, the only option is for an heir to file a motion in court
6) if an heir has no issue with any item, be on RECORD giving OFFICIAL approval to the entire accounting report
the estate should not move to another agenda until all heirs have given their OFFICIAL approval on the accounting report and significant events document.
the accounting report and significant events document is a very powerful tool to foster INSTANT peace and harmony. example, if virgilio sees the accounting report and significant events document, he will be instantly convinced that everything that happened in the estate benefited him immensely and all money is accounted so he would be thanking us
it's a blessing in disguise tita doris hired a lawyer and sent a demand letter because this will motivate all the heirs to finally do the above items. once the above items are done, the estate can finally move forward and the heirs can soon ENOY their MILLIONS in inheritance instead of being embroiled in years of litigation.
the following letter is a good analogy on why donald trump won in 2024:
