Sell

I don't understand why the accountants are trying to get Jean O'Connell to sell trust property without the trustees's knowledge.

1985.08.16   (Joanne Barnes to Jean O’Connell)
"RE: Estate of Harold M. O'Connell
Dear Mrs. O’Connell:
Your son requested that I furnish him copies of the Court Accountings that had been filed for the Estate.  I have sent them on to him today.  I am also enclosing a copy of the schedule which I believe reflects the fraction of the estate’s one-half interest in each property to which you and the Trust are entitled.   If the transfers are made in these percentages, you would then own 56.475% of each property (50% owned individually plus 12.95% of one-half interest in a property.  If you and the Trust chose at some time in the future to exchange all or part of an interest in a property,  I believe it should be done based on the then current fair market value of the properties.  In such case,  I would recommend that you have the properties appraised by a qualified real estate appraiser.²  With regards to your request that I serve as co-trustee of the Trust with your son, I regret that I must decline to be either co-trustee or act as agent to receive notices and processes for him.   Please call me and we can discuss this further.
Very truly yours,
Joanne L. Barnes
Cc: Mr. Anthony M. O’Connell”

1986.01.24   (Edward White to Jean O'Connell)
"I spoke to Mr. Mackall on January 22nd as to the causes of the delay in obtaining the agreement from your son. 
He stated that he had had several discussions with your son and they ironed out some minor details, and that the agreement being sent to Anthony on be signed on that date.  As soon as I receive it, I will review it and forward it to you for your signature. 
As soon as that is done, we can proceed to wrap up the rest of the Estate. 
I spoke to Mr. John McEnearney of McEneraney & Associates, Realtors, and he will contact you concerning putting a value on your property. 
Mr. McEnearney has been highly recommended to me by another appraiser,  and the advantage of this approach is that you will not incur a large appraisal fee.  However, there is no question that putting an appraisal price on this property will be most difficult in view of the numerous variables which might be encountered by a prospective buyer, especially zoning permits, etc.  
I will be in touch with you as further developments occur.
Sincerely, Edward J. White"