Hi; Below I have written a statement that I need clarification/explanation for.
Question Details: ( "To retain, sell or otherwise dispose of any property, at any time forming a part of my estate, if she deems it necessary, for cash or upon credit in such manner and on such terms and conditions as he may deem best, and no person dealing with my Executor shall be bound to see the application of any monies paid;" ) I understand this statement to mean, the executor can dispose of any property at any time if she wants to without considering what her 4 other siblings think. Also, the executor can spend estate monies without showing the other siblings where the money went. It sou
Wills, Trusts, Probate Law Answers
An attorney really cannot provide legal advice to an estate based on one sentence in a will. The will must be read in its entirety. You must provide an inventory and an accounting. You may do well to hire independent and neutral counsel for the estate in order to keep the peace between you and your siblings.
Related Wills, Trusts, Probate Questions
Didn't find your answer? Ask.
Top Ranking Attorneys
- Kevin Bessant426 Answers|Points 5550Gold Contributor
- Madan Ahluwalia104 Answers|Points 1900Silver Contributor
- Kenneth Berger33 Answers|Points 1630Bronze Contributor
- Hong Shen528 Answers|Points 800Platinum Contributor
- Harun Kazmi59 Answers|Points 790Bronze Contributor
- Barry J. Simon16 Answers|Points 690Bronze Contributor
- Hong Shen528 Answers|Points 26400Platinum Contributor
- Kevin Bessant426 Answers|Points 21280Gold Contributor
- Steven Fromm113 Answers|Points 5430Silver Contributor
- Madan Ahluwalia104 Answers|Points 5170Silver Contributor
- Kelly Broadbent93 Answers|Points 4600Silver Contributor
- Glenn M. Lyon, Esq.93 Answers|Points 4530Silver Contributor
Are you a lawyer?Want to be featured here? Sign up for a free profile and get started today! Click Here