[GNC] Executor for Estate - how would you classify money spent before estate is funded?
Maf. King
maf at chilwell.net
Tue Feb 3 10:22:16 EST 2026
On Tuesday, 3 February 2026 14:46:42 GMT Bruce Griffis wrote:
> This is an accounting "how would you" question, not a technical GnuCash
> question.
>
> I am the executor for my mom's estate. There were expenses before the
> estate was set up, and as of now - it is still not funded. I paid a few
> expenses out of pocket and will need to be reimbursed by the estate. I
> covered three months of heat and electric, two months of Verizon and an
> electrician. I think as I set it up in GnuCash - the money I spent would
> be considered a loan from me to the estate, as I expect to bill the
> estate for those expenses.
>
> Is that the correct way to go about this? Set it up as a small, personal
> loan from me to the estate, then pay the estate expenses from that loan?
> Then at some point once it is funded, pay off the loan to me?
>
That's how I would do it in the UK (actually, did do it when my wife passed)
- usual caveats about not being an accountant and not knowing your local laws
and practices (and quirks) apply, of course.
Maf.
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