Friday, January 22, 2010
Should the Estate be Closed?
If you are a beneficiary of the estate, you want your rightful distribution. It is frustrating to wait for an executor who seems to take their responsibility very casually. So, when do you stop waiting? If the executor has stopped talking to you, it is probably time to hire an attorney. If the executor's reasons for not distributing the estate don't make sense, it is probably time to hire an attorney. Estates can't be closed in a few weeks -- debts must be paid, property must be prepared for sell, and then sold -- but estates are an executors playground or investment vehicle. There are logical and reasonable steps to force an executor to close the estate and distribute the assets. After all, you just want your fair inheritance. Is it fair to wait years for your inheritance? No.
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