Most estate disputes aren't really about money going missing. They're about nobody being able to show, quickly and clearly, where it went. The AGM becomes a debate about receipts instead of a conversation about the estate's future.
Why two signatures
When every payout needs approval from two executives, typically the chairman and the treasurer, no single person can move estate funds alone. That protects the estate, and it protects the executives too: nobody has to defend a payment they made on their own.
Keep the trail as you go
- Record who requested each payout, who approved it and when.
- Attach the invoice or quote to the payout itself, not to a separate folder.
- Tag spending by category (security, power, cleaning, repairs) as it happens.
The AGM report writes itself
If income is reconciled per household and every payout carries its approvals and documents, the year-end report is a summary of records you already have. Residents can see what came in, what went out and who signed off, and the meeting can move on to what's next.
How BreeUp helps
Each estate on BreeUp has its own account and pays out to its own bank. Committees can switch on a second approver, so any payout above an amount they choose needs a second person to approve it.
Expenses go in the spending log with receipts and invoices attached, and residents see each one once it's published as a release of funds. At AGM time, the treasurer's statements and Excel exports are ready to share.
Set up your estate, or read about financial reporting.
